Recent

% | $
Quotes you view appear here for quick access.

ZBB Energy Corporation Common S Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • wtblanch5 wtblanch5 Dec 15, 2011 1:53 PM Flag

    well do I hear 85 cents?

    Someone posted on the AXPW concentrator board (where I posted ZBB's development):

    If you look at the ZBB prospectus they give a good illustration of JP's whiskey analogy:

    "Our net tangible book value as of September 30, 2011 was $1,702,891 or $0.05 per share of common stock. Net tangible book value per share represents total tangible assets less total liabilities, divided by the number of shares of common stock outstanding. On a pro forma basis following the issuance and sale of 1,425,000 shares in this offering at the offering price of $0.7101 per share, our net tangible book value as of September 30, 2011 would have been $2,603,833, or $0.08 per share. This represents an immediate increase in net tangible book value of $0.03 per share to existing stockholders and an immediate dilution in net tangible book value of $0.63 per share to purchasers of common stock in this offering"

    (the whiskey reference has to do with JP's analogy w.r.t dilution)

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
ZBB
0.750.00(0.00%)Aug 14 4:03 PMEDT