Replies to post #998 on Nanopierce Technologies (NPCT)

[dannyboy_101]

Matt,

At this point all there is to do is wait but in the mean time I will attempt to post something of value.

I have followed this company very closely for several years now.

I also watch the semi market very close as well as the ipo market.

There is plenty of cash in the system for startups and the ipo market is showing signs of life as well.

It is my understanding from statements made by the ceo that the company is looking for around ten million dollars.

Our friend bull has attempted to make this a dilution issue that is much more adverse then it should be.

Lets take for instance a funding is done at a twenty five percent discount to an average market price.
This is the current best rate I have seen used.
The worst rate would fall around thirty five percent but I am using the best rate I have seen and it was given to a company in much the same position as NPCT. see Samsys Technologies. v.smy

Using twenty five percent that would put the conversion at around a $1.04 using the last five days give or take a nickel.

That would put the share to dollar conversion at around 9.6 million shares given for ten million dollars.

That works out to aproximately a 16.5% dilution to outstanding.

I do not find this a "scary number" but perhaps I will hear differant.lol

Now this is assuming that the parent company is the one giving up the shares.

The ceo states that they are attempting to sell a stake in one of the new divisions as opposed to using the parent companys paper.(NPCT)

If this happens then the effect on the per share value of NPCT is much milder.

Now if the share price goes higher then the dilution goes lower.

My position is that this company will get funded or allready has a funding promised hence the going concern being removed.

This is an unverifiable position so all I can do is wait and see what happens but I do believe whole heartedly that things will move forward very well.

regards,
danny