RE:RE:RE:Weird Price ActionCurrent ownership of PSF:
| | VFF | | EMH | | Total | | NOTE |
| | | | | | | | |
Delta 3 | 20,000,000 | | 20,000,000 | | 40,000,000 | | All shares issued |
Delta 2 | 25,000,000 | | 17,410,000 | | 42,410,000 | | All shares issued |
Total | 45,000,000 | | 37,410,000 | | 82,410,000 | | |
Ownership (%) | 54.61% | | 45.39% | | | | |
Fully diluted at assumed $250M valuation of PSF:
| | VFF | | EMH | | Total | | NOTE |
| | | | | | | | |
Delta 3 | 20,000,000 | | 20,000,000 | | 40,000,000 | | All shares issued |
Delta 2 | 25,000,000 | | 17,410,000 | | 42,410,000 | | All shares issued |
| Nov Pmt | 1,975,070 | | 0 | | 1,975,070 | | 5.94M @ 4250M PSF valuation |
| Dec Pmt | 309,863 | | 0 | | 309,863 | | 940k @ 4250M PSF valuation |
| Jan Pmt | 234,045 | | 0 | | 234,045 | | 710k @ 4250M PSF valuation |
Total | 47,518,978 | | 37,410,000 | | 84,928,978 | | |
Ownership (%) | 55.95% | | 44.05% | | | | |
That is a long way from 65% ownership.