Monday, June 11, 2018 5:54:07 PM
I agree with your estimate on the remaining shares held of MariMed (MRMD)
"PatentPlays, please see the following post. This is why I'm using only 4,284,265 shares of MRMD and not the 5,936,115. I'm not using the 12/31/17 but 4/1/18 as the most current date. I wish you were right. If I'm wrong please correct me?
PatentParsing Thursday, 05/17/18 03:22:41 PM
Re: louman18 post# 31976 0
Post #
31977
of 31977 Go
Worlds' MRMD holdings
From examining Worlds' latest annual report and 10-Q, the breakdown of Worlds' share of MRMD is:
5,936,115 - received when WORX (Worlds Online) became MRMD (MeriMed)
-582,805 - sold to fund operations (during 2017)
-1,069,045 - sold to fund operations (during 1st quarter 2018)
---------
4,284,265 - remaining (as of April 1, 2018)
I've reflected these numbers in the latest Worlds' Value Spreadsheet.
At the moment (it always changes), Worlds':
Book value: $0.27
Expected value: $5.00±3.32"
WORTH ON 6/11/18 4,284,265 x $2.65 = $11,353,302
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