Know all of what you troll? My opinions are quali
Post# of 9144
Posted On: 11/12/2014 12:52:13 AM
Know all of what you troll? My opinions are qualified, not quantified.
But here's some math that you should be able to keep up with.
As of 4-1-13, OS was 122,679,679. That was 19 months ago. Operating costs at the time was running at $42k.
The share price between April 2013 and June 2014 was bouncing between $0.22 and $0.10 with average $0.16. Assume 50% discount for PIPEs: $0.08.
So, 14 months x $42,000 = $588,000. Taking the worst case scenario where all operating costs were funded via PIPEs, 7,350,000 shares would have to have been issued.
There's 5 months between June and November 2014 where the share price ranged between $0.18 and $0.05 with average $0.115. Assume 50% discount for PIPEs: $0.0575.
So, 5 months x $42,000 = $210,000. Again, taking the worst case scenario, 3,652,174 shares would have to have been issued.
7,350,000 + 3,652,174 + 122,679,679 = 133,681,853. Hardly any resemblance to your apocalyptic scenario.
But here's some math that you should be able to keep up with.
As of 4-1-13, OS was 122,679,679. That was 19 months ago. Operating costs at the time was running at $42k.
The share price between April 2013 and June 2014 was bouncing between $0.22 and $0.10 with average $0.16. Assume 50% discount for PIPEs: $0.08.
So, 14 months x $42,000 = $588,000. Taking the worst case scenario where all operating costs were funded via PIPEs, 7,350,000 shares would have to have been issued.
There's 5 months between June and November 2014 where the share price ranged between $0.18 and $0.05 with average $0.115. Assume 50% discount for PIPEs: $0.0575.
So, 5 months x $42,000 = $210,000. Again, taking the worst case scenario, 3,652,174 shares would have to have been issued.
7,350,000 + 3,652,174 + 122,679,679 = 133,681,853. Hardly any resemblance to your apocalyptic scenario.
(0)
(0)