GREY:STTYF - Post by User
Comment by
gwalkeron Sep 21, 2012 10:15am
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Post# 20395433
RE: RE: NEWS -- FORMER NDX
RE: RE: NEWS -- FORMER NDX I think you forgot to add in the $15 to $25 million dollars that need to be raised at 0.05 which is equal to 300MM to 500MM more shares. So the percentage ownership should be nowhere near 71%.
While I agree that something like this was nessesary to get value out of SND's investement, I think the bigger issue is that investors buy into SND for the streaming deals not having to deal with messy things like piles of stock. Perhaps, it it will turn out well for us if the new team can get it together but it makes SND as slightly more complicated investement (when the whole beauty of the streaming model is supossed to be the simplicity of streaming deals)