MP - from what I gather, they are going to issue additional shares for a total of about 60 mil, which is dilutive, but then do a reverse merger of 10:1 so outstanding issued stock will be around 6 mil. It would appear that most of the merger stock would be Rule 144 stock, so I'm trying to determine what the float will be, and my best guess would be about 1.5 mil. This will of course reduce our shares by 10:1, and increase the stock price 10 fold (supposedly), however I'm not sure what effect the dilution will have unless it all happens at once. They will need to change the symbol as well. Then we have the combined earnings to look at and if the market can figure this out, I would expect the stock price to climb. Comments anyone?
Makamai
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