Crystallex International

Welcome to the Crystallex HUB on AGORACOM "Crystallex International Corporation is a Canadian-based gold producer with operations and exploration properties in Venezuela."

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Re: Worst case scenario???

over 13 years ago

in response to willawonky's message

Wila,

The 833,333,333 shares would be from the new financing and the remainder 342,000,000 shares already exist. These two together would equal 1,175,333,333 total shares. Divide what ever settlement amount we would receive by the total shares and you come up with a price per share. The money from the stock dilution (833,333,333 shares) would be used to take out the bond holders and arbitration fees. Sorry if that wasn't clear.