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DrD

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Alias Born 12/27/2000

DrD

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Re: drpat post# 1761

Tuesday, 10/04/2016 3:42:19 PM

Tuesday, October 04, 2016 3:42:19 PM

Post# of 3681
The 9/19 press release assumes a PPS of 0.0845 based on the $85M valuation of Wainwright.

Just that would represent a 211% gain from the present PPS.

https://www.sec.gov/Archives/edgar/data/1005101/000165495416002276/cncg_ex991.htm

Assuming that is only a calculation of the future book value the actual PPS could be a multiple of that number. With the multiple based on the future perception of earnings and overall worth.

The Wainwright earnings are likely somewhat fixed due to set fees on continuous trading within the ETF funds. Earnings from the other existing (and potential future) subsidiaries can add to this. The pending 10K should shield some light on the recent and future earnings of the existing subsidiaries.




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