AMVC...
Sailor:
It looks like:
1. $1.00 a share cash x 12,870,000 AMVC shares= $12,870,000
2. To convert pfd stock [AMVC shares 12,870,000/10=1,287,000
shares x .667=862,290 shares of KTEC...
3. To get value to AMVC shareholders 862,290 x $9.375(current KTEC share price)=$8,083,969
4. Multiply value of warrants (.25)x 862,290 KTEC shares=$215,573...
We add the parts of the transaction:
$12,870,000
$ 8,083,969
$ 215,573
*************
$21,169,542
Divide by # of AMVC shares (12,870,000)=1.645 per share approx value to you..
Jim |
