Wednesday, May 20, 2015 10:52:46 AM
Hypothetical Price Per Share based on various O/S scenarios
$3,166,000 / 1,000,000,000 shares = .0032 PPS
$3,166,000 / 2,000,000,000 shares = .0016 PPS
$3,166,000 / 3,000,000,000 shares = .0011 PPS
$3,166,000 / 4,000,000,000 shares = .0008 PPS
$3,166,000 / 5,000,000,000 shares = .0006 PPS
And why was it sold to them at the price it was? Isn't the actual sale price more indicative of it's true value?
It reminds me of the claims gold mining stocks make for the in-ground "assets".
You can lead a horse to water. But you can't make him get down on one knee and do an Al Jolson impression!
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