I like this.
http://ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=497468
: xiNSiGHTx
23 Aug 2004, 03:18 PM EDT
Msg. 497468 of 499274
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** CMKX Buying UCAD? Read.. **
Feel free to copy this!
UCAD's O/S is now 22M per last week when chris at ucad
said it. feel free to update/correct this..
At $5, UCAD is roughly valued at $112M for the entire
company.
Keep in mind CMKX has an indirect interest (via their
shareholders) of about 33% of UCAD (7.5M) shares.
CMKX, at 483B O/S (that we suddenly hope is true) is
valued at around $144M.
if 300B were authorized, it might make sense if they were
going after UCAD.
300B x .0003 = $90M. 66% of UCAD that we dont own is $73M.
by purchasing UCAD, we'd also receive the 60% stake in
Nevada Minerals they have, giving us full control of them.
-- what about cmkx share price - how could it sustain it?
if you add the values of both companies (granted, the market doesnt always treat this as so black and white)
you come up with a $256,000,000 entity, not counting our
interest in Nevada Minerals.
$256,000,000 / 800,000,000,000 maxed O/S = .00032.
which is EXACTLY where we are now.
the only difference is now when we look towards the growth
prospects of the COMPANY, we can COMPLETELY include what
UCAD has going for it. some gold mining, some claims of
their own, ect..
may not be fire and brimstone yet. keep in mind the A/S
was increased RIGHT AFTER the JV meeting? why would they
company suddenly need to have more shares available? i dont
think it's a sudden need for cash, i truly think it's a
sudden need for SHARES to absorb UCAD or another company..