XTRN .0238 Buyout Valuation to Consider... When
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Posted On: 05/25/2017 12:06:58 PM
XTRN .0238 Buyout Valuation to Consider...
Whenever there is a buyout of a stock, it is predicated upon the Outstanding Shares (OS) for how and who the distribution of the payout or buyout. The OS for XTRN is 783,520,592 shares as of May 23, 2017 .
There are also more key variables that must be derived for consideration. The cash amount of the Tender Offer is $20 Million . However, the PR stated that XREE is going to acquire to acquire 100% of the XTRN outstanding stock, liabilities, and assets :
Per the recently file Interim Financial Report filed by XTRN on Feb 16, 2017 :
https://www.otcmarkets.com/financialReportVie...;id=166554
Liabilities = $1,543,269
Assets = $196,027
To understand the proper math to be attributed towards the $20 Million in order to be able to derive a valuation for XTRN , we must subtract the Assets amount from the Liabilities amount then subtract that amount from the $20 Million to derive the amount that will actually be attributed towards the final amount of distribution to XTRN shareholders... observe below to see how the equation would actually look:
$196,027 Assets -$1,543,269 Liabilities = -$1,347,242
$20,000,000 -$1,347,242 = $18,652,758 Net Tender Offer
This means that after the Assets and Liabilities have been taken into consideration and accounted for, the final payout is $18,652,758 for the final amount that will be awarded to XTRN shareholders. Considering that the OS for XTRN is 783,520,592 shares , we can derive a buyout valuation of below:
$18,652,758 ÷ 783,520,592 Shares (OS) = .0238 Per Share
The Tender Offer PR above stated that... "The offer would deposit into XTRN the total of $20 million in cash and securities in exchange for 100% of the Company." ... This means that upon completion of the Tender Offer, XTRN shareholders will have placed into shareholders' accounts a certain amount of cash and a certain amount of XREE shares, which last traded at $3.90 per share , that would warrant an XTRN valuation of .0238 per share
Whenever there is a buyout of a stock, it is predicated upon the Outstanding Shares (OS) for how and who the distribution of the payout or buyout. The OS for XTRN is 783,520,592 shares as of May 23, 2017 .
There are also more key variables that must be derived for consideration. The cash amount of the Tender Offer is $20 Million . However, the PR stated that XREE is going to acquire to acquire 100% of the XTRN outstanding stock, liabilities, and assets :
Quote:
www.marketwired.com/press-release/x-rail-entertainment-inc-otc-pink-xree-makes-tender-offer-las-vegas-railway-express-otc-pink-xtrn-2217955.htm
LAS VEGAS, NV--(Marketwired - May 23, 2017) - X Rail Entertainment, Inc. (OTC PINK: XREE) www.xrailentertainment.com, owner of the X Wine Railroad, X Train, and Club X Train membership businesses, CEO Michael Barron announced today that the company has made a tender offer to the management of Las Vegas Railway Express, Inc. to acquire 100% of the Company's outstanding stock,liabilities and assets in exchange for $20 million in cash and stock from X Rail Entertainment, Inc. ...
Per the recently file Interim Financial Report filed by XTRN on Feb 16, 2017 :
https://www.otcmarkets.com/financialReportVie...;id=166554
Liabilities = $1,543,269
Assets = $196,027
To understand the proper math to be attributed towards the $20 Million in order to be able to derive a valuation for XTRN , we must subtract the Assets amount from the Liabilities amount then subtract that amount from the $20 Million to derive the amount that will actually be attributed towards the final amount of distribution to XTRN shareholders... observe below to see how the equation would actually look:
$196,027 Assets -$1,543,269 Liabilities = -$1,347,242
$20,000,000 -$1,347,242 = $18,652,758 Net Tender Offer
This means that after the Assets and Liabilities have been taken into consideration and accounted for, the final payout is $18,652,758 for the final amount that will be awarded to XTRN shareholders. Considering that the OS for XTRN is 783,520,592 shares , we can derive a buyout valuation of below:
$18,652,758 ÷ 783,520,592 Shares (OS) = .0238 Per Share
The Tender Offer PR above stated that... "The offer would deposit into XTRN the total of $20 million in cash and securities in exchange for 100% of the Company." ... This means that upon completion of the Tender Offer, XTRN shareholders will have placed into shareholders' accounts a certain amount of cash and a certain amount of XREE shares, which last traded at $3.90 per share , that would warrant an XTRN valuation of .0238 per share
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