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MeetMe, Inc. Message Board

  • mawsii1 mawsii1 Jul 21, 2011 9:33 AM Flag

    Get your facts straight..16 mil shares plus a few more mil

    Largest shareholder is buying 5 million for this deal..They already put in 7.5 million at 7.50 per share...Now they are buying more based on the next 20 trading days. from 7.50 to 10.00 per share averaged out. Plus they issued 2 million more shares for employee incentives. So the dilution may be 2.5 - 3 million shares tops...So 19 million at 10.00 gives them a market cap of only 190 million...33 mil rev and 5 mil profit..a nice small cap that can grow much larger..compare to any others and this co is cheap...also, they could be taken out any day at twice today's price by the large caps

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