Replies to post #2570 on Five and Under

[i_like_bb_stock]

The new co. receives 94% of the stock, and we recieve 6%. If the current O/S is 1.16M and the new co. will have 20M, then that represents 5.8% of the O/S that is in the current O/S. I guess from what it looks like, they will dilute the additional shares to get to 20M, and we retain the shares we have. The fact that the math comes out, probably means this is correct.

Therefore, we are both correct. We retain the existing # of shares, but dilution occurs (outside the float) to provide the new co. with their shares. Seems fair to me!

[sweetpepperjam]

OPHD I read it this way... The company sold its assets to Promega in November. Now the are disstributing a portion of that money to the shareholders before the merger. and if any money is left over then we should get another distribution.

That is correct when they say that OPHD shares will make up 6% of the total O/S when the merger takes place.. Their 19,000,000 and OPHD 1,200,000..

Where do you get that that means we'll only have 6% of our price per share? The O/S and the float are still going to be low so I would think that the price ought to go higher when they finalize the merger. IMHO