14.4 million ADXs shares/warrrants at $1.79 max price
LOL good luck getting that number - $1.79
Long term shareholders stake shrinks to 11.9%
Shares are the new warrants.
Only question, will they expand the number of shares?
At $1.27 current price it will take 20m new shares, not 14m.
Long time shareholders stake will shrink to 9% then.
Shares truly are the new warrants.
At 9%, even if DOC's dream of $6 billion was realized, long time shareholders would only make $560 million. That's $14 predilution, presplit.
Of course getting pennies on that now would be a freaking miracle.