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Re: Mike24_Pr post# 28621

Thursday, 10/20/2016 7:18:07 PM

Thursday, October 20, 2016 7:18:07 PM

Post# of 30846
Depends. I've broken the price down several ways.

Essentially we'd be looking at around $0.0025ish on immediate audit release. Give or take $0.0005. This number is based off market value, P/E ratio, and current share structure. There's also the pre-14C overhead that would affect price structure.

If David were to implement the R/S anytime soon, the real question then would be whether it was before or after audits, I'm guessing. I do know none of the additional shares have been torn into, so that wouldn't be factored in. Assuming that stayed constant we would see stronger PPS response in the realm of $0.005 or so.

He intends to replace the former subs with three or so more is my understanding.

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