Based on the share info from the last Nr and todays prices and
excluding the private company and any consideration for the warrants
I basically see a $1.70 value but the valuation is generally
discounted - I noticed this practice on a company called AUG - Augen
Capital which also has a similar set up
Stock Shares Price Conv Total
Q:INOW 450,000 $4.16 1.5 $2,805,469
Q:ESFT 125,000 $3.25 1.5 $609,375
SYD 500,000 $3.04 1 $1,520,000
TCC 3,300,000 $0.40 1 $1,320,000
UBS 1,400,000 $0.58 1 $812,000
SXG 1,700,000 $0.18 1 $306,000
LLL 700,000 $0.38 1 $266,000
GTM 650,000 $0.19 1 $123,500
cash $1,100,000
MAILBANK 770,000 0 $0
TOTAL: $7,762,344
SHARES 4,600,000
Price $1.69
WARRANTS Shares Price Value
SYD 500000 $3.04
SXG 1800000 $0.18
LLL 300000 $0.38
GTM 650000 $0.19 |
