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Netlist Inc. Message Board

  • saint_oakland saint_oakland Jul 18, 2013 10:47 AM Flag

    So, Market Cap is/was 30 Million:

    Loan is for 15 million with no reverse split?

    I doubt that they would receive a loan for 50% of their valuation. Usually it is 10-20% max. In my mind, they must see this as a cheap loan to acquire Netlist's IP when they default or that the bank see NLST as WAY undervalued. Either way, that is a 150-300 Million potential valuation which, which would mean 5-10X increase in our investments or a bet that this company will lose. From my experience, banks don't give 15 million to 30 million dolar companies that they think will be losers. This is fantastic news!

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