GREY:CCTXF - Post by User
Comment by
ctblizzardon Nov 28, 2017 12:13pm
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Post# 27047099
RE:RE:Only 47k to 40 cents
RE:RE:Only 47k to 40 centsLOL , If I had that info I would let you know. I can only see a partial spread using tmx money mzi. 32k to 43.5 is as far as I can see now.
If I had to guess though there is not a helluva lot of stock for sale. The push is on now, and still no real insider trading I can find. I am guessing KR will take some of the PP at 20 cents so is avoiding buying here so far.
Valuation wise , even with the PP I would rather be here than in Victory Square with its 50 million plus market cap.
Looking at potental stock outstanding..
9 million showing is really 16 million. Add in 7 million from warrants 23 million
New PP if maxed 15 million plus 7.5 million more warrants
So total 45-46 million if all exercised and PP is maxed
OF course if that happens the company will have quite a bit of money in the coffers.
750k from first warrants, 3 million from second private placement and over 2 million from warrants second placement.
So 5.75 million bucks or over 10 cents a share in cash.
That is the goal here. They would be set up to "manage" and "consult " this thing for years.
Assuming roughly the same market cap as Victory square that would give you a bit better than 1.00 a share.
It would have been much better without all the stock coming out. But the new PP and warrants will be locked up for 4 months so that wont be trading for a while.
We need news to support this move then I see 60 cents plus as a possibility before 12/16 day the lockup comes off