Hi Dte
The old register has been consolidated 57:1
this leaves only 12 million old shares
There was a small convertible note of 1.2 million issued and 40% of that will be escrowed (cash rule)
The vendor shares are escrowed for 2 years
it's Clear the IPO has been strongly cornerstoned hence why it was so difficult to for retail to get stock EVEN alto clients
As for your market cap you have calculated, well not sure the logic behind fully diluting a companies register when the milestones required to see those shares realised by the vendor involve the company earning a minimum of 60 million revenue and becoming a highly profitable business,
If the milestones are achieved well what mc are we looking at? 500 mil 1 Bil?
- Forums
- IPOs
- K-TIG (KTG) - Alto Capital
K-TIG (KTG) - Alto Capital, page-34
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, Chief Executive Officer
Paul Long
Chief Executive Officer
SPONSORED BY The Market Online