RE:RE:RE:Cash Balance +17,044 %... But we have to keep in mind there will be huge dilution by buying that Telehealth company. I think they want to buy at for 60 million new shares and 60 million warrants for next two years. Not sure if have the numbers correctly in my mind, but soon we will have more then over 350 million shares out. So there will be a lot dilution.
JMHO
Torlif
Markhamjohn wrote:
As astutein pointed out the bank cash per share is small and he is correct, but there is a different way to look at this. Most small companies have very little cash - certainly less than DM. Those companies don't get valued on their bank account but rather on their future prospects. One of the big drags on share price growth for many companies is the fear that a company may have to issue new shares to raise capital necessary for business growth. This of course results in dilution and can crash the share price. If we can imagine DM having $10 million in the bank by the end of Q2 then we actually have insurance against the issuance of up to 40 million shares! So if my math is correct the psychological value of the DM bank account far exceeds the pennies per share it represents.