RE:RE:RE:RE:RE:RE:RE:TRPX 48 million BOTheoretically, since no deal has been finalized, the trpx share price could trade to $20 tomorrow and it wouldn't matter in the least.
Defaulter wrote: They are being paid in FSD shares; and they can't contro the trpx share price. The deal was announced already, so the trpx share price now is irrelevant.
Bella923 wrote: If your figures are correct them fully diluted would be 48 million/8.3 million which works out to be $5.78/trpx share. That doesn't seem correct. No way in hell we are buying a company with market cap of $56 million for 48 million and all on share exchanges
Defaulter wrote: If we use the 'Total Equity' figure from the latest balance sheet entry I posted, 8.3M x $6.79US, assuming that is correct the market cap is $56M US fully diluted right now vs the 48M US we are paying.
Renofund wrote: Bella923 wrote: Market cap has nothing to do with total diluted shares. Look at FSD market cap. There is alot 140 million shares they can issue to bring the 1.3 million to 1.5 million. The market cap will not increase as the share price will adjust for the dilution
Renofund wrote: Bella923 wrote:
You guys are all getting caught up in the math. Plain and simple, is 48 million dollars that FSD value in company stock. As to the conversion rate? The announcement was based on current outstanding shares of 3.5 million. Is this the actually number? NO. You guys don't think executives and insider with warrants and options will exercise? Of course. This will bring the share count higher. What ever the total share count is on a fully diluted basis of trpx, they will share 48 million. Plain and simple. If total fully diluted share count after exercise irons and warrant is 5 million, then each share is worth 48 million/5 is $9.60. so the final value all depends on the total diluted position of TRPX. Why would executive, make shareholder agree to this deal? Cause they probably have a SH$T load of options and they stand to benefit most as these options are penny on the dollar. Go through trpx Sec filling and you will see the granted options and warrant for the executives. If a deal is to good to be true, they it normal is to good to be true. Why do you think TRPX is not trading near the 13.74 that ppl talk about? Ppl buying TRPX now, Imo is basically buying a separate company and the share price will fluctuate independent of HUGE. If deal falls through, trpx will be back at $4. Who every buying TRPX now is paying a premium. Your upside is capped at the 48 million BO. Your downside could be unlimited if the deal falls thru. However, if HUGE in the next month goes to $2, you can do the math and figure it out and quickly realize buying HUGE at this price point would be the better deal. GLTA
look at TRPX’s current market cap. Thanks.
Not what i was getting at. Look at current market cap of TRPX vs. What we paid. There is value there