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Message: Announcement from Sunridge on buyout

This is a piece of a post from Tomluchanor from ths StockHouse board:

"And stop adding in the .35 warrants – they’re going to expire worthless. No one will exercise them unless the share price trades at least at.38. Again, this is not a buyout but an asset sale and the asset buyer doesn’t care about SGC shares or their price. Knowing at the very best, the share price should be around $.35 on the date of the record of the paid out capital, these warrants go bye-bye. That shall reduce the fully diluted from 300 million to about 225 mil. So take the 85 mil, subtract the taxes owed Eritrea, the golden parachutes, investment banker fee and other liabilities and divide it by the approx. 225 mil shares that shall be outstanding come the day of record. That my friends is what shall be left for us."

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