TheGlobe.com Inc (TGLO)

[KOmani]

The issue is the number of unknowns at this point.

Sure we can fly, but Delfin can open it's mouth and the harsh reality could snap this back hard.

I expect Delfin to release something by Monday morning at the latest, I am just not sure everyone here will like it.

Personally I think we are undervalued still.

But I could be wrong.

I do think $5 or $20 calls are misleading as they value the shell at over $500 million.

If the NOLs are valid, it would imply that our 30% is worth $35 million.

Given that we have a little more than 129 million shares, that implies a value of $0.27 per share.

I have only counted the shares that Delfin does not own for that calculation.