tj wrote 4/13/17 6:54 p.m.

Depending on how the dust settles on the final buyout of eestorinc, FD & friends could end up owning around 40% of the company for an aggregate sum of around $20 million - DEAL OF THE MILLENIUM!

Gonna be a big surge in the Quebec economy!!!!

 

picoman reply 7:17 p.m.

$20 million? I don't understand.

 

eeinterested reply 8:04 p.m.

fd and his friends led the $2.5M PP last time around that Ian was having trouble filling. Add this $3.5M round, which is 7M shares, plus the warrants at $1.00, another 7M. So, with the last round added to this round, 20M shares sounds close to the total when warrants get done. That's share count; I don't think the cash is that much. This is off the top of my head, some forensic accounting would give you an accurate picture.

 

eeinterested reply 8:04 p.m.

$15M sounds closer to me.

 

eeinterested reply 8:05 p.m.

You could also add privately acquired shares which I know fd has some of.

 

funkshow reply 8:30 p.m.

They are taking on risk.  If ED is zero they could easily lose 50%

 

taylor reply 8:39 p.m.

So what tj is stating is they have had enough shares  to manipulate the sp for months.    Hmm, I didn't know they had that amount .  Can we assume the National Bank seller is one of 40%?