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Tuesday, December 23, 2014 8:23:11 PM
But is a pps of .17 a fair valuation at this time?
6. Between November 2009 and April 2010, a period during which Houston American and Terwilliger employed multiple fraudulent statements and omissions in connection with their efforts to promote the company’s interest in the CPO-4 block, Houston American’s stock price increased from approximately $4.00 per share to $20.00 per share, and its market capitalization increased from less than $150 million to more than $600 million.
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