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igotthemojo

04/23/21 1:03 AM

#221467 RE: GTman1 #221465

not sure how you arrived at 20 mil shares...

i was using .16 as the starting pps...a 20% discount lowers it to .13...$1mil divided by .13 is 8 mil shares...

the 8 mil shares is what would be used to drive the pps down to .05...along with shorting...

well, at least that was the scenario...