RE:RE:RE:RE:Financial recap I would say the company probably needs about $2.5m in working capital to operate both parts of the business. The difference would therefore be accretive to current shareholders. If the company extinguishes its debt, then I estimate about $8m in working capital would be excess cash that can be used to grow the business.
With about 26.5m shares outstanding, this would add about
$8m/26.5m =~ 30 cents/share.
So yes, if we add all the moving parts and retain most of the working capital, then this would add significant value to existing shareholders.
We just need clarity on the working capital adjustment.