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nsomniyak

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nsomniyak

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Re: 1jk1 post# 701

Wednesday, 03/18/2015 8:13:06 PM

Wednesday, March 18, 2015 8:13:06 PM

Post# of 4697
Great news. Here's some straightforward math.

iHub lists the market cap of ECGI as $13.72MM

This deal involves, in part, "buying 20% of ECGI for $4MM". If 20% is worth $4MM, then simple math says 100% is worth $20MM.

It would take about a 50% rise in price for the cap to go from $13.7MM to $20MM. That would get us into the .18 to .20 range in share price.

Actually, we should look for more than that because the Hong Kong group is undoubtedly looking to make money on their 20% so they have to think ECGI is worth more than.20

If I could afford to buy all of them, I would not need to buy any of them and I sure wouldn't be spending time on the message boards!

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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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