Most stocks market cap are based on free float rather than fully diluted
My calcs are 255m current on issue
373m vendor shares
88m note holders
= 716m pre , = 410m post
+ 287m float max raise
= 700m shares at 2c = $14M cap, $6m of this being cash from the float
Great upside for $50M , $100 then $200 cap targets
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