The scenario I gave excludes the 3 tranches, but if this is included, you're right, mcap is about $50m, that is assuming 10:1 consolidation which seems to be a likely picture. buying now gives one addtl share allotment via CR, hopefully with attaching oppies, and any re-list mkt price above the 10 cents would be a profit ( or recovery to holders currently in the red?. This is why many are not selling below 1 cent now as that's the bargain/base, it's rosy unless something goes horribly wrong.
Just my thoughts. Regards
ODN Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held