Now We Have 2 HorsesSo we still have #1Horse called IML and now we have #2Horse called Enviroleach.
IML is still the same as it was before, nothing has changed. Enviroleach will give you 1 share per 10 which works out to 70% [read the news release] of Enviroleachs value of 3 mil.
The 3 mil is broken down to this 1.6 mil goes directly to IML And 1.4 mil in shares [26mil shares] go to the shareholders. If you do the math that leaves 11mil shares that will be made available to the market. The IPO price will have to be .25 per share to get the $1.6 mil
Its all there in the news release. So in effect your 2000 shares are gonna be worth .25 each and your IML shares are at the moment worth .075/.08 and are going higher whether you think so or not. And if you truly believe they are not then you need to sell for likely more than you paid for them.