News Focus
News Focus
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redspeed

08/14/18 7:21 PM

#91121 RE: streamingeagle88 #91117

"Would guess that there will a steady stream of news from both nFUSZ and Sound Cloud from this day forth."

Ding, Ding, Ding. You know your nFusz.

The actual offering price per share of Common Stock will be as determined between us and A.G.P./Alliance Global Partners Corp. (the “Underwriter”) at the time of pricing and may be issued at a discount to the current market price of our Common Stock.

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tedpeele

08/14/18 7:29 PM

#91124 RE: streamingeagle88 #91117

streamingeagle88, the S1 says "We anticipate acquiring the Sound Concepts Capital Stock for an aggregate of $25,000,000 of value".

For NFUSZ to be at $4 a share they need to be valued at roughly $700 million. For $2 they need to be valued at roughly $350 million.

Since Sound Concepts is seen to be worth $25 million the answer is NO - the acquisition won't get them to those levels. Other things will have to do it. One of those things could be the complementary business plans but that won't come close - they need BIG news to do it organically, a RS to do it non-organically.

The current market cap is around $80 million.