RE:RE:RE:RE:RE:RE:RE:Look how evans has brought all shareholders together Revenant – For the last time – Let me take you by the hand and go through it step by step so even you will understand … SCAN had 167,643,412 shares O/S. Then on Nov 26, 2024 did a 1 for 10 consolidation resulting in 16,643,412 post consol shares. SCAN then closed a private placement of 25,000,000 shares on Dec 19, 2024 resulting in 41,643,412O/S shares. There is also a still pending 1,562,500 shares for debt settlement which will bring the total number to 43,205,912 O/S shares. Add to this the just announced accelerated 12,500,000 warrants and SCAN will potentially end up with 55,705,912 O/S shares. If the Dec 31 SP of $0.85 holds, SCAN will have a market cap of approx.. $47 Mil.
Using SCAN’s trailing revenue, annual sales will end up around $3.2 Mil which gives SCAN a 14.8 multiple. Using the same method for XTRA, XTRA has a 7.5 multiple. In other words, SCAN is valued twice as high as XTRA.
With this I am done with this little math exercise. Next time please do proper DD before posting false information / wasting other posters’ time.