ENTI 30 b / 333 = 90 million + 9 million from PTEL= 99 million
32 million did not make the MMX trip (Replacement shares). You know 32 million DWAC. (Equity stake without taking a position). The offer (Open market Buy).
1.09 billion + 32 million 10:1 = 1.41 billion
ENTI fundamentals were 300 billion market cap on 1.4 billion shares.
However, there is the matter of 1 billion in PIPE and 410 million in IYP divvy's.
Add DWACW replacement divvy's. I get around 500 million when cleared.
Here is the problem: this Empty-Shell (PTEL: 20B shares Huge AS) only has mere $0.016M Negligible asset but it was trading at ridiculous high $6.3M MV last Friday!
Buying PTEl at last-Friday-high $0.0018 = buying its peer ($1.8M Huge asset) at $0.0028 v.s. it is trading at 89.3% Huge discount price $0.0003 now!
Buying its peer at current Bottom price $0.0003 = buying PTEL at $0.00019 which is only 14.6% of current ridiculous high price $0.0013!
So PTEL is Extremely Overvalued now!
PTEL is also at Extremely Overbought status!
Therefore PTEL will crash back to its 52-week-low $0.0001 again in the coming days/weeks...