RE:To opt and vulcan
Fitter8911 wrote: I am a long as you both are for supreme..tho I keep quiet in the background and read all the posts here..let's just say supreme can make 100 million a yr or a 25 million a quarter..what would be a realistic stock price for this sp..my average is 1.05 and wondering if I should average even lower now that I can..can we se this sp going to 1.00 or 2.00 or more in yrs to come since everyone else is struggling to get their sh..ts together...where would see this sp in say 2 yrs time..luv reading yours posts from both of you as your both know your stuff and been learning as well..thx very much boys...
I say you consider buying FIRE.DB instead. It at least has a contractual obligation to get $100 plus interest for every $30 invested based on the market cap by next October (but they have to have a plan in place by next July).
I have no idea what the equity will be in that scenario but ~3-4x your capital in a little over a year seems to fit your criteria. Hopefully Opt and Vulcan will be right and they will be able to raise preferred or other debt to pay off the converts but if that fails they will have to sell some equity. I rather own the thing they have to buy than the thing they might have to sell more of to pay me off.