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It will cost them $138,297 to raise $1,075,663 so a net raise of...

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    It will cost them $138,297 to raise $1,075,663 so a net raise of $937,366 for a 50% share dilution.

    The underwriting fee of $95,296 is on the high side and is usually calculated as a percent of the amount underwritten instead of a fixed fee.  

    The next quarterly will show us whether revenues are increasing by a meaningful amount.

 
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