RE:Share tally ?Hello there Checkup
I'm not sure if your post was intentionally misleading or not....or if I am not understanding what you are trying to say (other than todays announcement signifies MASSIVE dilution) but not sure how else to read your post.
As per Stockhouse
Total shares 384.8M
Shares out 386.79M
Escow shares 11.38M
Now i have to assume the numbers you are stating are in reference to todays news....but I have no idea where you get them from....because here is what todays news does say....
Issuing 16.67M shares with max 15% extra allotment which equals 19.1705M shares
With the half warrants the future shares would be totalling 25.005M to 28.75575M maximum new shares grand total
From a financial perspective the company receives the follwing cash:
$100.02M to $115.023M for initial shares
For the future warrants being exercised if all were exercised the company would receive an additional:
$50.01M to $57.5115M for all warrants
So again I say, I have no idea where your info comes from unless you were intentionally being misleading.
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