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Replies to post #9946 on Old Copper Co. Inc. (f/k/a CPPRQ/JCPNQ JC Penney)

Replies to #9946 on Old Copper Co. Inc. (f/k/a CPPRQ/JCPNQ JC Penney)

temp luvs amy

10/23/19 9:33 AM

#9950 RE: Nebuchadnezzar #9946

How much debt would be converted? Let's do that math.

temp luvs amy

10/23/19 10:27 AM

#9952 RE: Nebuchadnezzar #9946

OK, then. I'll do the math. If they convert 5 billion in debt at $25/sh, I get 200 million shares. So 230 Million outstanding sounds better than 30 million? Did I miss any decimals?