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Re: Bigstar post# 637

Wednesday, 03/10/2010 9:31:33 PM

Wednesday, March 10, 2010 9:31:33 PM

Post# of 39469
A little math shows how HUGE this is (and I know it seems crazy):

Common stock, par value $0.001,
2,000,000,000 shares authorized,
804,280,671 shares issued


Calculated with entire authorized:
bearer bonds alone:

$3600000000 / 2000000000 shares = $1.80 cash per share

with additional 1 billion dollars in interest added:
$4600000000 / 2000000000 shares = $2.30 cash per share

Calculated with current O/S
bearer bonds alone:

$3600000000 / 804000000 shares = $4.47 cash per share

with additional 1 billion dollars in interest added:
$4600000000 / 804000000 shares = $5.72 cash per share

AND THIS EXCLUDES THE DRILLING PROJECTS PROJECTED REVENUES

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