Fully diluted Share Couunt is 287,570,788 shares of Common Stock
We are screwed. . Cannot believe management sold 287 million shares for 66 million. I suppose WP and DF got them by theirs balls. This really sucks.
CFO told on last CC he thought fully diluted Share count was around 161 million. I don't get now jumped to 287 million with the latest offering.
the Warburg Pincus Reporting Persons may be deemed to beneficially own 265,568,897 shares of Common Stock, representing approximately 92.4% of the outstanding class of Common Stock, based on a total of 287,570,788 shares of Common Stock, which is comprised of: (i) the 22,001,891shares of Common Stock outstanding referenced above, (ii) the 62,133,098 shares of Common Stock issuable to WP X and WPP X upon the conversion of shares of Series A-1 Preferred described above, (iii) the 36,099,990 shares of Common Stock issuable to WP X and WPP X upon the conversion of shares of Series A-2 Preferred described above and (iv) the 167,335,809 shares of Common Stock issuable to WP X and WPP X upon the conversion of shares of Series A-3 Preferred (including the shares of Series A-3 Preferred which the WP X Funds have the right to acquire pursuant to the 2012 Investment Agreement (without giving effect to the right of the Deerfield Purchasers to purchase ten percent (10%) of such shares of Series A-3 Preferred, which exercise would reduce the number of shares acquirable by the WP X Funds)).
old news for sure; my math skills are not the greatest (bailed out on calculus in college), but at one point in time in the past I calculated OS at 650 million, so assuming stplacids's is correct, I'm enthused. As long as we are waxing philosophical, if we get great Menadione study data ( seems very probable) don't we have a 1+ billion market for this product alone? Add a multiple of only 3 for the co's whole portfolio and we are at a value of 10+. A bunch of ifs, but isn't this why WP and DF are sending Talon checks?