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Re: the third leg post# 5380

Sunday, 05/07/2017 3:21:16 PM

Sunday, May 07, 2017 3:21:16 PM

Post# of 31658
With using the Substitution Property...

With using the "Substitution Property" to substitute out the OS to increase to 140,000,000 as you have stated as an option to considered, then that would change the EPS to be .003 per share and not .0038 as I had indicated.

If all other variables remain the same and need not be substituted, then if one were to go back to the ELTZ valuation post below and apply the "Substitution Property" for just that change in one variable (the OS), one should get a current valuation for ELTZ of .1179 per share:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=130828577

Please understand, this does not include their two pending acquisitions. Of course, ELTZ will probably be worth far more when either of the two acquisitions close.

v/r
Sterling


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