GREY:MDCGF - Post by User
Post by
Jentaion Oct 28, 2011 12:03pm
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Post# 19190039
Gone wild
Gone wild34,550,000 common shares of Medicagoat
.65 in two tranches. After the closing of the 1st tranche of the PrivatePlacement, PM Investments holds an interest representing 35.5% of theoutstanding common shares of the Corporation. After the closing of the secondtranche of the Private Placement, it is expected that PM Invetments will holdapproximately 40% of the then outstanding common shares of the Corporation.So 34,550,000 common shares….from 30% holdings to 40%holding for PMI.
The math is roughly 345,500,000 shares…notfully diluted.This is an insane number for a junior.$2.00 would give us a cap (around) of one billion dollars.