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JoshTaeger

11/19/20 11:38 AM

#88613 RE: power11 #88612

And how many more shares will SHMP have to sell to get there...

...and acquire F&T, Velo & Ecoponex?

And those Class A shares are still convertible. And Gary Shove wants his common.
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JoshTaeger

11/19/20 1:23 PM

#88616 RE: power11 #88612

I don't believe you've factored in the 200 MILLION PLUS shares SHMP is going to have to issue to: 1) keep operating, 2) finish LaCoste and 3) acquire F&T, Velo and Ecoponex.

And 200 MILLION shares is being very conservative because it's based on 12 cents a share. Any financing will probably be at a steep discount to market, per SHMP's usual ways.

And...at the same time...those Class A shares are sitting there, ready to double the number of common shares.