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Re: None

Wednesday, 05/20/2015 10:52:46 AM

Wednesday, May 20, 2015 10:52:46 AM

Post# of 20669
What exactly is "trade value" and how was it derived?

Hypothetical Price Per Share based on various O/S scenarios
$3,166,000 / 1,000,000,000 shares = .0032 PPS
$3,166,000 / 2,000,000,000 shares = .0016 PPS
$3,166,000 / 3,000,000,000 shares = .0011 PPS
$3,166,000 / 4,000,000,000 shares = .0008 PPS
$3,166,000 / 5,000,000,000 shares = .0006 PPS

And why was it sold to them at the price it was? Isn't the actual sale price more indicative of it's true value?

It reminds me of the claims gold mining stocks make for the in-ground "assets".

You can lead a horse to water. But you can't make him get down on one knee and do an Al Jolson impression!