Friday, November 21, 2014 3:24:44 PM
BCCI owns about 2.6M shares of BUCS. At the current .01/share, the value would be $26K. This in turn works out to .00008 per BCCI common share equivalent -- IF you could sell the shares in a market where trading volumes are very limited (25K today, for example, and many days with no trades at all).
So, company's decision to reserve 100% of $26K seems appropriate, and for sure hardly worth debating.
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