PINL:HERTF - Post by User
Comment by
PumperStalkeron May 30, 2018 7:50am
22 Views
Post# 28097624
RE:RE:RE:RE:RE:RE:I find it hilarious that there are people here that are
RE:RE:RE:RE:RE:RE:I find it hilarious that there are people here that are It won't be just 26M shares, there will be warrants attached so they can buy another 26M at fixed price so add that on top IF they do the PP at a higher price but it's not in this companies track record.
Whatever it is, they will have to dilute even more.
Jag's got a history of diluted penny plays that are now non existant. Not quite sure what's happened to all these but they aren't listed anymore.
GoldEnrique wrote: Let's say they do a PP @ 0,30 $. How much do we need in cash for the 420sqft ? 2M$, 3M$, 4M$?
Let's say 8M$ (I want to compare with MMJ which at one moment, they were talking about 8M$ cash). There would be 26M$ shares issue and shares count would be at 194M$.
MMJ' shares out is actually 292M and I have big doubt that they still have (if they were) 8M$ in bank.
That's why, IMO, I would not understand going that low (in the teens). Or MMJ will follows...
Am I mistaken?