First Scenario Post Retirement - today's closing p
Post# of 36537
A. PPS = $2.64 (variable)
B. Current Shares = 64,345,802 (per OTC)
C. Current Market Cap = $169,872,917 (A x
D. Shares to be retired = 20,375,900 (per PR)
E. Outstanding shares post retirement = 43,969,902 (B - D)
F. PPS post retirement, using existing Market Cap = $3.86 (C/E)
G. Shares = 10,000 (variable)
H. Value prior to retirement = $26,400 (G x A)
I. Value post retirement = $38,634 (G x F)
J. % Gain = 46% ((I - H)/H)
Next Phase - Post Dividend
Assume MC stays exactly the same = $169,872,917 (item C)
Shares outstanding = 43,969,902 (item E)
K. Shares eligible for Divi = 28,807,962 (assumed from OTC unrestricted shares)
L. Outstanding share post Divi = 72,777,864 (E + K)
M. PPS post Divi = $2.33 (C/L)
G. Shares owned prior to Div = 10,000
N. Shares owned post Div = 20,000
O. Value post Div = $46,683 (N x M)
% Gain Post Div = 77% ((O - H)/H)
It took 15 minutes longer to type out the info than it took to calculate it via spread sheet! I'll try to copy this for the next iteration, so all I have to update are the numbers.