Post consolidation (20 to 1) and post CP transaction...
shares on issue:
75m existing shares +
50m issued to buy CP +
125m issued to raise $10m (assuming current share pice of 8 cents)
thus 250m shares on issue...
at current share price of 8c (ie .004 x 20) Market Cap of $20m
note : this does not include options and a further 100m shares to be issued upon EBIT milestones...
Very hard to model possible revenue figures. New industry, new rules, new regulations, great opportunity.
who is buying?
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