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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: kollmhn who wrote (183024)3/13/2014 10:31:42 AM
From: 16bit  Read Replies (1) of 206182
 
Kol,

The reverse split is happening at the same time as the offering. The offering is 10,000,000 AFTER the reverse split. While it has not priced, they expect gross proceeds of around $82 million, $76 million net. That would be an estimate of $8.20 per share, which is based on their stock price on March 7th.

Byron
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