Everyone, maybe someone can explain the below, the proposed $1.49 is a theoretical number based on assumptions. When I read the Q1/4C results, this is real issue (below) my laymans understanding of this is price new equity is based on a post closing VWAP after it is listed on NASDAQ. So investor won't know diluton or whether the $1.49 is real or not until after it lists. I might be wrong but this massive risk as basing something no one has control over.
Am I missing something???
CBR Price at posting:
38.0¢ Sentiment: Sell Disclosure: Not Held
