Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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Message: Re: Voting no
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Jul 18, 2014 12:49AM
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Jul 18, 2014 09:26AM
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Jul 18, 2014 10:03AM
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Jul 18, 2014 10:17AM
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Jul 18, 2014 11:32AM
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Jul 18, 2014 12:18PM
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Jul 18, 2014 02:46PM
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Jul 18, 2014 03:54PM

Where do you guys get your numbers?

Lets do some simple math. We're at 1.55 today. Lets say we stay at 1.55 and do the 5:1 reverse split. That puts us as 7.75.

Now we're going to dilute 40,000,000 in a financing to half our current value. So we're going to issue 40,000,000 shares and 20 million warrants. That makes total sense.

I guess we just randomly will need immediately 40,000,000 x 7.75 = 310,000,000 million dollars in our piggy bank. That makes a lot of sense.

Jesus. What's the point in even arguing when people use this kind of logic. I'm sure Ajit came on board with the intention of diluting his 2,000,000/5 shares in half through unnecessary 310 million dollar financing.

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Jul 18, 2014 04:41PM
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Jul 18, 2014 05:07PM
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Jul 18, 2014 07:27PM
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Jul 18, 2014 07:54PM
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Jul 19, 2014 01:24AM
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Jul 19, 2014 08:40AM
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