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antman

03/03/21 8:44 AM

#117177 RE: cary73 #117176

So he basically did the financing at 1/10th of the current share price

antman

03/03/21 8:44 AM

#117178 RE: cary73 #117176

That places the market cap of the company at around $1.5 million at that notional financing valuation considering the current price- if my math is correct- - it does seem like a bit of a discount to finance at 1/10th - but they may have made the deal when the share price was lower- what revenues did they have before the acquisition?