Back of the napkin calculations, which for me still involves a calculator, arrives at a sale price of $0.416 per share if we just tag the highest sales bonus tier at $550 million.
If, the oft mentioned probable CR is maxed out at 25%, then an additional 330 million plus shares will be issued, dilution would result in a price per share of $0.333.
Though these are not the bank robbing returns I was hoping for they are acceptable. If that is the result I will be more than relieved because in all the excitement that speculative stock investment entails I had almost forgotten that, when one is in the business of robbing banks, the end can be riding off into the sunset and a new life or it can end in riding off a cliff.
If the sales bonus pool are bookends of the probable eventual outcome then I will be spared both those extremes.
Back of the napkin calculations, which for me still involves a...
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