The value of NGIO will be determined by the piece
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Posted On: 11/24/2019 3:43:12 PM
Re: OrlandoJohn #8881
The value of NGIO will be determined by the piece that GNBT sells to investors (money they raise during the raising). If they sell off 20% of NGIO for $60M, then that would set the company value at $300M. So if NGIO has 100M shares and 20M sell for $60M, then each share will be $3. This is all just an example.
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Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.
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