GREY:RVVQF - Post by User
Comment by
ezemoneyon Jan 14, 2020 10:45pm
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Post# 30553925
RE:RE:RE:RE:RAVENQUEST ENTERS INTO DEFINITIVE AGREEMENT TO ACQUIRE DIGIG
RE:RE:RE:RE:RAVENQUEST ENTERS INTO DEFINITIVE AGREEMENT TO ACQUIRE DIGIGcrash01997 wrote: Well using numbers... selling 42 million shares for 5 million , means that George values this company at 20 million dollars . So that would mean that the Edmonton and the Markham facilities together would be worth 15 million dollars .. OR George is telling us that the Markham facility and Edmonton facility is worth 45 million together and this digigro app is worth 15 million dollars .. What would it be ?
I put the acquisition value at $500K or 1/10 the purchase price.
Bottom line is a loss in real equity of $4.5mm but will show on the books as an Intangible asset of $5mm.
It's my take of the numbers right or wrong.