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The Man With No Name

08/05/21 2:15 PM

#691173 RE: mrfence #691170

When the capital requirements are met, it will have been after the Seniors (some) are converted into commons and the warrants have been exercised. How much existing commons 'soars' from a point of maximum dilution is anyone's guess, but it won't be what you think it is. There will be voluntary conversion of the seniors by Treasury, followed by dilution, followed by issuance of new warrants in the post-ipo company and somewhere in there will be a reverse split.
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Golfbum22

08/05/21 2:48 PM

#691181 RE: mrfence #691170

"are we there yet" ?

LOL

25% of a 100B yes we are
25% of 140B yes we are
25% of 150B yes we are
-we are exactly here with 37.5B in cap with this last Q

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LOL
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Donotunderstand

08/06/21 9:37 AM

#691255 RE: mrfence #691170

gotcha

I would suggest for consideration

Depending on the surrounding events (news - forecasts - congress saying no way - green lights flashing) ---- when the 25% is hit -- and if we are released (whatever that really means) ----

if that happens - yup - I could see 8 a share

at same time as 8 is 1/3 of the way to 25 -- I can see that for JPS as well