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Friday, February 26, 2016 4:39:45 PM
The company would merit maybe a $5 million total valuation, if indeed there were promise/signs of growth and profitability, given its leadership in the industry. ...and that would take its market value to around the 3 cents per share mark, and all those new shareholders who used to be debt-holders would insist on selling the company out to the highest bidder. ...and remember that those new shareholders would own a majority of the common stock, so they can impose their will.
Have a great weekend!
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