RE:RE:Good/bad?
In order for him to get 3.3 million shares 1933 would have to trade at 1.5 cents or below for the 10 days prior to closing to give a volume weighted average price of 1.5 cents.
$50,000 divided by .015 cents gives him 3,333333.3 shares.
I just used todays 1.86 VWAP to give 2.7 million shares.
It will be interesting to see if he just dumps his shares and runs with his 50,000 or hangs on.