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Re: happydog post# 24459

Thursday, 03/16/2006 3:20:53 PM

Thursday, March 16, 2006 3:20:53 PM

Post# of 92056
happydog, No i don't think there will be a selloff at $0.25 but maybe at $0.50. That is if everything magically happens the way i was thinking that it might. It is really unfair to just throw a price out there right now. If they merge into one company i agree that there is enough value there to support a $30-50M market cap, so if there are 300 million shares that's $0.10 to $0.16 but if there is 100 million shares that's $0.30 to $0.48. Hard to say what the exact share price will be. We can only take guesses at the total market cap after the merger. If they remain seperate companies then you have to divide our market cap estimates back out across all entities. Anybodies guess.