The call was about the worse I have ever been on. They have numbers, the BOD would have had to have reviewed numbers before approving this. Of course you would know what the cap structure is and what debt is.
Cemp is trading under NET cash right now, that is how badly they bungled call. The overseas partners seem top rate.
The simple math they use outs the new entity at around the $10.00 mark. Since $3. is cash, when you add in Japan and the patents one would hope this shakes out close to 10 but they are dumbas**s
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