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Re: mtvice post# 40229

Friday, 02/27/2015 7:47:08 PM

Friday, February 27, 2015 7:47:08 PM

Post# of 41960
"We get one, so what does that do the stock price? "

That's the kicker. We DON'T get "one of two" if there is hypothetically "If we receive (sic) our division and total in treasure is equal to two million." We start with that, then London gets their piece of "our" pie FIRST. How much is unknown, because even though it s VERY MATERIAL to the future of the company, Wilf has ignored SEC rules of Fair Disclosure and refused to say what London will take. Then the partnerships for now will get their fair share second (that will end, but not yet, so to say "only a few sold" is true, but still they have to be paid back, and that will come from THIS division.) They get 80% of the artifacts right now, before we get anything. that's HUGE. If we get that $1MM you mentioned, and London gets (A guess, since it is unknown, but in accord with what Wilf did with the Limited Partnerships) 75% of that, we then get $250,000. then the partnerships take 80% of that, and that leaves us $50,000 as "our" portion of the $1MM you assumed would come to us if $2MM were salvaged. Let that soak in. If your number of $2MM is correct, we very well might get on our TOP line a total of $50,000 of it! Before we pay expenses and such. Then we have to pay people who are owed salaries, like the CEO who was not paid for a long time and then left the firm with no (SEC legally required) announcement of his leaving, and pay others who are owed, and pay some of the bills that are owed, and pay etc, etc,. How much do you think that leaves?

Yep, me too. NOTHING.

I DO have small, very small, hope that if Billy hits a BIG strike, we SHALL have profit. But this division? Nope, all the hype over this division won't give us a darn penny in bottom line profit. So you ask about PEs. Since I don't think even after getting a division there will be ANY profit to the bottom line, that is a moot question. That's my opinion, based on mostly actual numbers, not just hype or criticism. Revenue? Yes. After London and the partnerships, we shall still get "revenue". Profits? None.

You asked for an answer. That's how I feel it would play out if we get a division this year.