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JR30

12/12/18 8:36 AM

#115898 RE: Jacks1234 #115889

Correct. I wouldn't be surprised if the shares are already spoken for at an agreed price not yet disclosed.

TenKay

12/12/18 9:16 AM

#115902 RE: Jacks1234 #115889

“The valuation as you quoted will be done by the underwriter. The market will be asked to buy shares at a certain price after the valuation from the underwriter within 4 day to 2 weeks imo.”

That is not how it works. There is already a market for the stock as it is already publicly traded. No one is going to buy stock at a price that is higher than what they can buy it for in the open market..

AGP will be looking for a discount to market in order to move the NEWLY ISSUED stock into the market...otherwise no one will buy it and the offering will fail.

The market has as much information as AGP does right now about NFusz and Sound Concepts. The proforma financials are out and a definite agreement has been signed....and the stock is still in the .3 to .4 range.

The only thing AGP has to figure out is how to manage its risk and at what price $20 million in stock can be moved into the market. They will look at the price volatility and trading volume and then decide what discount they will require from NFusz.

That is how this works.