Urthecast Corp LFDEF

Share value

[goldspeculator1]

There has been a lot of talk about how and when this stock will die or go to the moon depending on what side of the bed people wake up on. Just to be clear. The numbers of shares outstanding 2 years ago was sub 100M when the company was trading at 2 bucks giving a market value of around 200M There are now 133M shares outstanding There are now 102M warrants outstanding at an average of .40 cents There are now $24M worth of outstanding debentures at a conversion of .32 cents - which converts out to 75M shares If everything converts out which would be good for everyone as that would mean significant share price appreciation to get there from this point. We would have roughly 310M shares outstanding. Incidentally I am not calculating any additional finance costs for Urthedaily and I am sure the pound of flesh that will be taken there. So just a little reality check Share price at: 1.00 = 310M market cap. 2.00 = 620M market cap. 5.00 = 1.55B market cap. (that would be roughly $15/share in the old days) I'm not saying that none of this is achievable one day if they right the ship. I just think people need to take into account the reality of where we are now and right size expectations accordingly. Personally I believe a half-decent sale of Deimos will relieve the balance sheet concerns. Share price will improve. Urthedaily financing will become more realistic with that relief and hopefully get done. Share price will improve. Whether that gets us to 30 cents, 50 cents or a buck even is anyone's guess, but personally I'd rather focus on the deliverables and maybe the share price will take care of itself. GLA

[onxy10122012]

Share Capital As at the date of this MD&A, there were 133,901,482 Common Shares outstanding. At March 31, 2019, Debentures in the aggregate principal amount of $24,422 were outstanding. Each Debenture is convertible into common shares for a period of six years following the issuance of such Debenture. At March 31, 2019, there were 101,849,687 common share purchase

[onxy10122012]

Thanks goldspec, discussion is good, there is a clause in the subordinated capital financing where it states that there is an extension for the 75 M debentures and 41,681,302  warrants until July 31. I would hope that this can be wiped out by paying back the monies with a new financing contract. which would leave us with a substantially lower share count. any feed back or ideas welcomed

[Partycrasher1]

Very well said GS.....bahahahahaha