
$Lm Fdg Amer Inc so LMFA will own 20% of the blank check company that will be listed on NASDAQ as “LMAO”. LMAO IPO would be 75 million units at $10 each. As LMFA stock holders we not entitled to anything but LMFA stock. At IPO of LMAO, LMFA value should be 20% of $75mill or $15 mill. If LMAO is valued at $10 per share that adds $15 mill to LMFA. When LMAO increases to $15 per share then LMFA should increase to 22.5 million. If LMAO reaches $20 per share then LMFA value should increase to $30 million. Current market cap approx 37mill. There should be plenty room for upside post merger + hype.

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