470,856,543 FPO + 92,000,000 options that will be exercised at 0.30 + 319,500,000 restricted for 2 years or are these part of the 470mil above? + 5,250,000 restricted for 1 year or are these part of the 470mil above?
If not part of the 470mil then total = 887,606,543
Total equity 267,616,892
Per share = 0.301
If the above restricted shares are part of the 470m then there are only 146,106,543 shares available to trade
> 562,856, 543 shares
Per share = 0.475
Which is it?
Either way it looks like they did well to raise at 1.80
Think ill pass
Cheers
KPC Price at posting:
$1.00 Sentiment: None Disclosure: Not Held