RE:RE:RE:Number of shares.When it comes to an eventual buyout, I have always done my math at 200 million total shares. So now it will be 300 million. (With the tens of millions of dollars we now have in the bank and coming in the future due to already-issued warrants, there should be no need for any further dilution. Ever).
So if you assume a $10 billion buyout price, the jump in shares from 200 to 300 million bumps down our take from $50 per share to $33 a share. And you know what, I can live with 33+ per share. I think I said previously I would sell my whole stash at $25 anyway.
Anyway, it's done. We are now fully cashed up; no more BionicJoke taunting us about how we can possibly pay for a Phase II trial. So let's move forward and get to it. It's been the "Summer of Pain" for us shareholders. Time to put that unpleasantness in the rear view mirror!
Good luck to all longs!