Friday, November 21, 2014 12:44:23 PM
viz:
MIKP OS is currently 2.146 billion.
if MIKP ran to $0.10 on blockbuster news of WS completion and ST financing/production,
that would yield $215 million in gross sales.
given suspension, nearly all of those shares have been held for over 2 years,
meaning long-term cap gains taxes.
even if we were all in the top tax bracket (for gross annual earnings),
the long term cap gains rate on that would be 25%.
meaning $54 million total to IRS in a peak run scenario
in which everyone sold every share at a peak price.
(aka: impossibly inflated math)
in comparison, AAPL, alone, trading 43m shares yesterday at avg price of ~$115,
meaning ~$5 billion in dollar volume traded in a single day.
aka: AAPL has traded more dollar volume every 20 minutes, every day this week,
than would occur if every single outstanding MIKP share were traded at $0.10.
nutshell, while MIKP recovering is important to us shareholders,
MIKP is plankton in a sea of whales to the IRS.
99.99% of all pinks are scams. Best to assume the other 0.01% are as well.
Recent MIKP News
- Form 8-K - Current report • Edgar (US Regulatory) • 08/12/2024 07:00:59 PM
- Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 11/28/2023 10:00:20 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/22/2023 06:06:28 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/14/2023 07:00:35 PM
- Form PREM14C - Preliminary information statements relating to merger or acquisition • Edgar (US Regulatory) • 11/02/2023 04:01:43 PM
- Form PRE 14C - Other preliminary information statements • Edgar (US Regulatory) • 10/04/2023 04:01:33 PM
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