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geezeragain

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geezeragain

Re: JohnCM post# 9404

Sunday, 03/29/2015 11:58:26 AM

Sunday, March 29, 2015 11:58:26 AM

Post# of 57850
$0.1333 per share.

When and if the PLSB insiders exercise their warrants Yates will have sold them 15,075,000 new shares at an average price of $0.1333 per share. As earlier shareholders, they probably paid $0.50, more or less, for their original shares. But now, $0.1333 must be what Yates and they agree that's what the shares are worth.

Question: Why do you think it's worth $0.16?
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