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Microcap & Penny Stocks : Brisio Innovations Inc. -- Ignore unavailable to you. Want to Upgrade?


To: pinchednerve who wrote (1503)3/5/2015 3:16:14 PM
From: Sailing2Respond to of 1952
 
Thanks PN, I thought someone on these boards would come up with a ballpark estimate and you've done it. I think this level of "profit" would materially affect the share price of BZI in a positive manner. More importantly, it would allow Paul to pursue additional MC "investments," leveraging that income as he builds a diversified MC "investment fund."



To: pinchednerve who wrote (1503)3/5/2015 3:18:17 PM
From: JamesJaRead Replies (1) | Respond to of 1952
 
Don't forget to exclude taxes on that back of that napkin calculation

Jim



To: pinchednerve who wrote (1503)3/5/2015 3:37:50 PM
From: Flipper12Respond to of 1952
 
Don't forget to include the warrants as well. $230,000 potential gain as well

The terms of the investment are as follows. The company has subscribed for 333,333 units at a price of 15 cents per unit for a total purchase price of $50,000, with each unit comprising one common share of Lite Access and one-half of one share purchase warrant, with each whole warrant entitling the holder to acquire one additional share of Lite Access at a price of 30 cents per share at any time on or before the date that is one year from the date of issuance of the warrant.