MrsNose
Share capitalization as of April 07, 2000 Information circular:
shares outstanding: 51,684,088
special warrants: 5,746,150
options 4,579,600
Fully diluted there are: 62,009,838 shares. Approvals are being sought to authorize up to an additional 45 million shares and an additional 3 million options. That will bring the fully diluted share capitalization to just over 110,000,000 shares:-)) It appears to me that up to half the company could eventually be sold for between $100 to $150 million (one or more private placements between $2 and $3 per share) for WSP's share of development costs before any debt financing. This assumes that the existing options and warrants get exercised.
regards,
teevee |
