MMY nets 31c/ share for 80 mil shares Doing the math:
$40 million raised for 80 mil shares.
But then deduct the 7% fee paid to Mackie: about $3 million
Now deduct the $12 million being given to Tullum:
That leaves $25 million net to MMY.
$25 mil/ 80 mil shares = net of 31c per share
This massive giveaway of the company is criminal.