RE:RE:New financingkurt73 wrote: Help me with my math. If warrants don't get picked up and this financing adds roughly 85 million shares. Will the total shares in 2 years be 275 million shares or am I missing something?
Thanks
Kurt,
Additional shares will be ~30% of ~217 million shares = ~65million shares
We'll end up with ~255 million shares.
The warrants may not be exercized (most likely case).
However, much is depending on shareprice evolution.
In (the unlikely) case that SP goes up fast and maybe even be getting close to $3, ..... boy, will I ever make a killing ;-)
Suppose it jumps say 50 cents or even 100 cents, do you believe the wts remain at $0.005?
As I stated before, for me the wts are a lottery ticket, with the difference that my spreadsheet will tell me when to start selling. I'm not greedy, just damage control (the 80K shares will do the trick).
Have fun.
P.S.: How did you get to 85 million?