What you call mathematics to me has no business sense whatsoever, which it appears you agree with.
Like I said, there is no chance SAS can just kick the can all the way to 30, or 63 billion shares.
Your calculations involve a scenario which involves 100% of funding based on CR's. Now with all of the MOU's to date it would appear probable, if not overwhelmingly likely that with 20 Pearls in the air SAS will be receiving revenue of some description. The extent of which is anyone's guess at present. This has been debated thoroughly and I'm not going into this any further.
The main flaw I see in your calculations is that you are not taking into account any change in SP relating to revenue or launching of the Pearls which would be significant. Now we saw the market cap climb well over $100 million with nothing but hype so real satellites in the sky and real cash coming in IMO would see the market cap climb well over the $100 million in which your calculations are all based. This also directly impacts the need, or the extent of any future (hypothetical) shares to be issued.
SAS Price at posting:
5.1¢ Sentiment: Hold Disclosure: Held
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