If the company values that equity at $3 that comes to around 133,333,333 new shares. I'm wondering where the $429 million down payment comes from as well? Shelf offering or private placement? 1.1 billion in vendor financing is a MONUMENTAL chunk of money to overcome for a small business entering uncharted waters. NuMiner Global is in the business of making money so I'm sure they have an anti-dilution clause built into anything that is dependent or requires raising capital out of the company's common and preferred stock which means they'll just keep selling stock until they make the payment at the continued cost of dilution to shareholders. As the equity falls my concern is that I've seen this untold times where the company sells the stock, and with each marginal share sold the share price drops accordingly until there's a bigger issue facing the company, a death spiral. I'm not saying it's all BAD. In fact, it's great so long as there is no hitch in the giddup. But the company itself already identified an issue with their NASDAQ listing requirement which they said might come at the cost of a reverse split. I'll look for their 10K or 10Q to see how this deal actually pencils out and how it may all affect shareholders. Be cautious, the ten year keeps rising, and the market is looking squirly. If the ten-year yield and dixie both continue moving higher, well...., it may be timber time, watch your backs!