Quick summary
Current shares on issue including nicks 396,428,573 being released is 1,773,862,583 mcap app. $30mil
Not included in this is 383mil options 517mil performance shares and 500k convertible notes.
At current sp and EBITDA, the only change to current dilution could be con notes conversion or another CR.
If the options or performance shares are converted, we will already be happy, wealthy and some of us very rich.
So its all good.
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- Ann: Release From Escrow
Ann: Release From Escrow, page-31
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