Replies to post #373 on Pioneer Energy Services Corp. (fka PESXQ)

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Equity is in the money here $PESXQ - getting 5.75% of new equity and 5.75% warrants.

I would peg the new market cap in the $250-400m range once reorganized - 5.75% of that is $14-23m. Current market cap is $1.5m, so I would think a correction leading up to the plan date of 10-20X here.