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Surface Transforms management deliver positive operational update 16.09.2019 Watch Now
Posted in: FFWD
The % is irrelevant it’s the number of units held x last raise price. Our % reduce but our unit value increase exponentially over subsequent raises. As larger and larger fish buy into subsequent raises the higher the unit price becomes.
Series raises need to be thought in terms of units rather than % terms.Imagine company X that does a series A and gives 1000 units away at £100 each. Company Z buys 10 units for £1000.Company X then does a series B offering 500 units at £500 each. Company Z then keeps their 1% by buying 1 unit for £500. What does this mean for company Z when company X closes the round and announces post raise valuation? Company Z holds 10 units at £100 and 1 unit at £500. Cost £1500 Post raise valuation is 11 units at £500 equals £5500.
The post raise valuation could be massive in comparison with what we’ve actually invested
This may prove very rewarding near term in the post raise valuation of our stake
I like it. It shows a confidence from Ffwd for Factom. Also signals that series B may be coming to a close so they’ve kept terms(25% uplift to $8 million value ) the same.
A NEW YORK investment company buys $2.4 Million of #EMMAC then we get BREAKING: New York state Governor Andrew Cuomo signs legislation decriminalizing marijuana use
Medical cannabis legal in the majority of EU countries which Is why Emmac have moved into these countries.
That’s twice I’ve agreed with you this week Rich. I’d be shocked if there was much available free float if anyone wanted to buy £50k they wouldn’t be able to get it.
Looks very much like everyone who wanted out is out and everyone who wanted in is in. Volume has been virtually non existent all week
Trying to compare North American recreational cannabis stock with EU Medical cannabis stock is like comparing Pepsi stock with JD Wetherspoons stock.
Chump..you were asking what NT was a fortnight ago
Let’s call it Chilston Wave Theory.
It’s an unusual phenomenon that Chilston has informed us about that when there are more sellers it drops. Would you then expect it to rise if there were more buyers than sellers?
Very likely Snoot
Agree Rich amended terms will definitely benefit FFWD
Don’t be silly Snoot, I give you a loan with 12 month terms, you aren’t in a strong position to renegotiate favourable terms after the 12 months. I however am.
You should all be buying now...
Think you’ve been caught out Chilston. You’ve been selling as my friend has been buying them, I’ve been watching & wondered why you’ve been talking this down over the last week.
You trying to deramp Chilston? You saying Factom can’t do these things. Don’t remember you saying you had bought anymore after the original 800k you had.