RE: Common Shares (shut the front door)!!!
10,600 shares are worth $636 dollars right now.
Are we to say that the 53 shares are worth 11 bucks right away to equal the 636! Does this make sense?
Yes. Each new common share will probably sell for a bit less than 200 times the closing price of the old common shares. Your new package of shares and warrants will be worth the same amount as your existing set of common shares. For the next few days, the trading price of the common shares will reflect what investors expect the new common shares and new warrants to be worth.