RE:Man I hate Finore's team I did some napkin math yesterday. Heres what i came up with.
FIN current shares = 16Million @ .11c = 1.76M market cap
Post consolodation = 8Million @ 22c = 1.76M market cap
Micron current shares = 24Million
Converted to FIN shares = 24million
Total post merger FIN shares = 32Million
Total cash on hand, post merger = approximately 5.4 M
Just on a cash basis the SP should be 5.4M/ 32M = .17c/share
if you have 10K shares @ .11c you have $1100
post consolidated you have 5000 shares at .17, so you will have $850
I believe it should be closer to the .22 - .25 per share though, based on the fact that there is going to be some value added due to the fact that Micron is doing at least SOMNETHING, whereas FIN wasnt doing much.
so your new 10K shares should be worth $850 - $1250