Post by
jonggua on Dec 06, 2011 1:48am
closing calcs
We saved $900,000 in cash, and are giving up 2.342M shares in the convertible debenture instead of 4M shares, a savings of 1.658M shares! I'd hate to be across the bargaining table from our CEO! Awesome prices paid for equipment this year, for a staggering land package,and for the closing of this acquisition. saving us shareholders 1.658M shares dilution is a great win for us longterm. in the words of bilbo baggins, "Thag you very buch"!