GREY:CVHIF - Post by User
Comment by
TaDa123on Sep 11, 2020 4:20am
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Post# 31540980
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Vcan update.
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Vcan update.From what I understand, could be wrong. *Big assumption that we will get 20% premium pricing adjustment for tranche 2 | | | | | | |
*Too many unkown variables right now, it all depends on what Vibe share price does until Oct 24 | | | | | | |
*Depending on the Vibe share price, the warrants could have a lot of value | | | | | | |
How long we have to hold? | | | | | | |
How are the warrants distributed? First come first serve? | | | | | | |
For the "Premium pricing adjustment", the VCAN press release says $401,369.00 but the Vibe press release says $333,360.00. Which one is it? | | | | | | |
| | | | | | |
VCAN share count | 37,039,999 | | | | | |
| | | | | | |
Tranche 1 | | | | | | |
Initial amount | $333,360.00 | | | | | |
Premium pricing adjustment (~20.4%) | $401,369.00 | | | | | |
VWAP to Sept 10 | $0.48 | | | | | |
| | | | | | |
We get: | | | | | | |
Vibe shares | 836,185 | | | | | |
Warrants | 800,000 | | | | | |
Warrants price | $0.60 | | | | | |
| | | | | | |
Tranche 2 | | | | | | |
Initial amount | $1,889,040.00 | | | | | |
Premium pricing adjustment (assuming 20%) | $2,266,848.00 | assumption | | | | |
VWAP to Oct 24 (assumption) | $0.48 | $0.60 | $0.65 | $0.70 | $0.75 | |
| | | | | | |
We get: | | | | | | |
Vibe shares | 4,722,600 | 3,778,080 | 3,487,458 | 3,238,354 | 3,022,464 | |
Warrants | 1,200,000 | | | | | |
Warrants price | TBD | | | | | |
| | | | | | |
Total | | | | | | |
We get: | | | | | | |
Vibe shares | 5,558,785 | 4,614,265 | 4,323,644 | 4,074,540 | 3,858,649 | |
Warrants | 2,000,000 | | | | | |
| | | | | | |
VCAN valued at (excluding the warrants) | | | | | | |
Vibe share price \ VWAP to Oct 24 (assumption) | $0.48 | $0.60 | $0.65 | $0.70 | $0.75 | |
$0.50 | $0.0750 | $0.0623 | $0.0584 | $0.0550 | $0.0521 | |
$0.55 | $0.0825 | $0.0685 | $0.0642 | $0.0605 | $0.0573 | |
$0.60 | $0.0900 | $0.0747 | $0.0700 | $0.0660 | $0.0625 | |
$0.65 | $0.0975 | $0.0810 | $0.0759 | $0.0715 | $0.0677 | |
$0.70 | $0.1051 | $0.0872 | $0.0817 | $0.0770 | $0.0729 | |
$0.75 | $0.1126 | $0.0934 | $0.0875 | $0.0825 | $0.0781 |