Correct me if im wrong but im getting a $208mil market cap, looks as when they wrote this up share price was around .05-.06:
If you look at page 6 it says:
*Post consolidation 1:4
97,383,826
Initial Merger Consideration
400,000,000
TOTAL
*497,383,826
So after consolidation:
So if theres going to be 497mil shares after consolidation the market cap would be $208,901,206.92 as of the closing price of 10.5 & the consolidation price of .42, thats not including a further $25mil that needs to be raised at no less then .20
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- market cap is 208mil dollars
market cap is 208mil dollars
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