OTCPK:ALSYY - Post by User
Comment by
tour2beston Mar 01, 2019 1:02pm
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Post# 29429648
RE:RE:WTF is going on?
RE:RE:WTF is going on?Ignite USA will own ~229.1 million shares or 95.6%; lets not forget Bilzerian with US$5 million loan and $16 million payout. Positive royalty and advance port disappears.
Existing shareholders own 10,554,063 shares.
Existing shares outstanding (undiluted) =239,626,641 shares do $10 price may be bit of a stretch near term. If approved market cap is (at 1.72) 414 million.
Without better understanding of current white paper deal and future deals; i do not see much value, but i may be wrong. Anybody to explain?
At $10 per share = 2.4 billion market cap so a ways to go yet from current $ 36 million value.
Financing appears similar (albeit) smaller than one announced in December. Similar in lack of information although, not at $6.50 per share.
anyones guess how long trading suspension will last; couple of days/20 May 2019/18 months??