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Alias Born | 11/08/2011 |
Wednesday, November 05, 2014 11:09:17 AM
Since 9/22/14, she as acquired 11.2 million shares for $111k at a weighted average price of $.0099/share. At the current (as of this posting) price of $0.0051/share, she has lost (on paper) almost half of her investment.
This does not include the 4.6 million additional shares she purchased prior to 9/22/14 (when she became a >10% holder). In a best case scenario, if she had taken advantage of the (relatively) low prices during the month of August and September, she probably would have bought in at an average price of about $0.0125/share. Based on this assumption, she would have vested about $58k on those 4.6 million shares and would currently be sitting at a loss of about $34k.
In summary here is her estimated position in OWOO:
Initial Investment = about $169k
Current value = about $81k
Loss in value = $88k (or about 52% since August)
Fast becoming one of the feeble few.....
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