So, I'm confused at what you are looking at. I

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So, I'm confused at what you are looking at.

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It was two years ago I dug into this and don't remember path I went down. I do remember being at the same point you are with disbelieving that number and started with trying to figure out the July 2012 where they said it was worth $157,000,000 and working backwards.

There were 87,835,647 shares as of August 20, 2012.

http://www.regenicin.com/Investor-Relations/S...inbody.htm

The share price was .20 or below in July 2012

https://finance.yahoo.com/quote/RGIN/history?...equency=1d

If you do the math that comes to 10%-ish of the value they said. I do recall struggling with what were they thinking and I thought I did figure it out or maybe I gave up. That $1.8B is also off by a factor of 10.


I also don't remember where the $460M number came from below.
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In connection with the subsequent entry of the October 2006 SPA, Cambrex Corporation sold the stock of Cutanogen and other affiliated entities to Lonza America and received Four Hundred Sixty Million Dollars ($460,000,000.00) in connection with the sale.

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