The face value of the Series A-1 Preferred Stock will be reclassified on the Company's balance sheet from mezzanine to stockholders' equity, which reclassification will be reflected in the quarter ending March 31, 2014 and will result in the addition of $3 million to stockholders' equity.
Bingo :) Thank God, finally someone understands :)
a higher number shares means a dilution of shares only if the shares are offered and emitted at a lower price than the market price.
We examine the pricing of initial public offering (IPO) and seasoned equity offering (SEO) firms using a stochastic frontier methodology. The stochastic frontier framework models the difference between the maximum possible value of the firm and its actual market capitalization at the time of the offering as a function of observable firm characteristics. Using a new data set, we find that commonly used pricing factors do indeed influence valuation. Ceteris paribus, firms in industries with great earnings potential are more highly valued, and IPO firms are underpriced.
1. Dr. Mello co-founder RXII
2. next step RXII transform to GALE
3. next step RXII separated as a subsidiary company
5. RXII and GALE are two separate companies.
6. GALE is between the majority shareholders RXII (with aprox 1M shares)
No. Youre wrong.
First was RXII. I bought at $0.92.
After was GALE and RXII.
After was Spin OFF
At $2 I sold GALE
and I bought add more RXII at $0.18, $0.20, $0.22 , $0.24, $0.33 and $0.35.
The trick is that the results are immediately visible and therefore Ethicor contract in Europe .)
Don't forget profit from: "RXi Pharmaceuticals Corporation and Ethicor Ltd. Announce the Signing of a Distribution Agreement for RXI-109 in the European Union under the "Specials" Provision"