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Wednesday, December 03, 2014 12:25:50 PM
Perhaps my dd is wrong but i believe they had 90,000,000 shares
then did a 1-100 r/s
so thats 900,000 shares
They have $157,000,000 on the books
that alone equals $174 pps
(157,000,000 / 900,000 = 174.45)
im not finding any substantial liabilities, $300K
how is this not over $100 a share???
either i am doing something wrong or this is seriously undervalued at $3.50
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