TEKMODO INDUSTRIES INC RTS V.TEK.RT

potential OS after this is over

[jevs]

Hi all, I’m new to this stock and just trying to figure out the possible dilution for this deal so please correct me if I’m wrong.
                                                                                                                                                                                                                                                                                                                                Total OS
·         Current outstanding shares          109,240,000        as per stock house          109,240,000
·         One Right per existing share        109,240,000                                                     218,480,000
·         Warrants                                            109,240,000                                                    327,720,000

If the shareholders fully take advantage of this deal then there will be no shares left to be offered in the standby agreement and there will be no bonus warrants issued.  If there are any unpurchased units left after the shareholders are done, those units will be offered to the Standby Agreement holders up to a maximum of 2 million dollars.  The standby agreement holders will also be offered an additional 25% of whatever amount they spend as Bonus Warrants.

Since the standby agreement amount is yet to be determined let’s just stick to the actual figures listed above.  The only variable will be how many shares will be issued as bonus warrants.

Total OS 327,720,000 pre consolidation
After consolidation, 327,720,000 divided by 2.5 = 131,088,000 OS if all units are exercised.

On another point…
The warrant price and the bonus warrant price will be equal to the last closing price of the Company’s common shares prior to the announcement of the Rights Offering.
Do you think the market pressure will be predominantly up of down until the Rights offering is announced?  Downward pressure would come from people wanting the warrant pricing to be as low as possible and upward pressure would come from investors wanting in on this great deal.

i sure hope this posts in the format i wrote it.  otherwise it may be hard to read.

jevs

[jevs]

Ok, so StockHouse messed up the format in my last post. Suffice it to say the Preconsoldated share count will be a minimum of 327,720,000 and post consolidation will be a minimum of 131,088,000

[SuperMoney]

I am also new here. How it works for one Right per existing share? If I have 200K shares, how will I get the Right? Can the Right be traded?...etc. Thanks.

[jevs]

It looks like you get one right for 1.5 cents.  That right gives you one share for every share you own plus the right to buy one more share at whatever the price per share was on the last day traded before they set the date.