United Communications Partners Inc (UCPA)

[michaelmcl]

Well assuming the equity swap is based off of total revenue generated...5% of $10b is 500m (the consolidated revenue amount assuming 5% of all billings feed up to LP). 5% of 500m is 25m (which would be the value in terms of revenue of our equity stake).

The math is basic, but given the information we have now and using logic I think it's safe to assume the 5% equity stake in LP is worth about an additional $25m in revenue per year...how this will translates to net income and dividends I have no bloody idea.

I'm very well read on financial statements, but we just don't have the information we need to value this equity stake.