RE:RE:RE:RE:RE:Re: Shiftyone's CalculationsI know you don't understand. But I've been trying to explain it to you.
The deal was made with both companies looking at what they could contribute to the merged company.
It was decided that every SGNL share would be converted at a rate of almost exactly 1 new share of the new nexg for every 8 shares of SGNL owned.
The shareprice is no longer an issue. Those were the terms.
I used the SGNL market cap on Oct 15 in the EXACT way that you were using the NEXG market cap in your equations. It goes both ways.
What am I trying to do here? You put out some calculations that I feel were flawed in several ways. You still suggest they are the proper way to calculate things. You asked people to comment if they didn't agree. So I did as you asked.
The last post I did the exact thought process you had in your calculations. Only to calculate the value of a share of NEXG today. The exact process you did to calculate the share value of SGNL.
It shows a value of 51 cents. I thought that would maybe make it clear that there were some problems with your calculations. Again, you asked people to comment if they didn't agree.
I did take advanced math... mechanical engineering, and ended up working in a field totally unrelated.
There.... I'm done discussing this with you as well. If you don't get it by now, you never will.
Go ahead... get the last word in.
Then good luck to you in your investments.