RE:RE:RE:RE:RE:RE:RE:RE:RE:Private Placement Oversubscribed Oh my goodness Mr. Highs.......your figures and interpretations are a little off.
Sure New Carolin has a tremendous amount of cheap warrants outstanding, but certainly not enough to generate $5 million if all were exercised. I'm not sure what kind of numbers you were using, but you must revisit this and correct yourself.
And once again, if a LAD shareholder is looking for $0.10 or $0.15 or $0.25/share stock price......you can't get excited over a boat load of $0.05 and $0.07 warrants! They will work against you.
And what point are you trying to make about a $15 million market cap and a $0.10 share price? Is that good? Bad? Indifferent? [BTW these calculations are correct on your part].
higherhighs wrote: You do understand with 154 million shares outstanding, that would still only be a $15 million dollar market cap at .10 cents,( almost twice as high as it is now ) that would also mean all the warrents would be exercised putting over $5 million in the til. That would be enough money to start to develop the asset the could be worth $100s of millions. That is why the stock is undervalued at these levels
As far as eqt check back in a few weeks, after the definative agreement is signed, the stock won't be anywhere near these levels.
You are still a low life scumbag troll, just one more shot at your wooden nose "PINOCCHIO"