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Re: oldoil post# 16833

Saturday, 01/19/2019 5:21:02 PM

Saturday, January 19, 2019 5:21:02 PM

Post# of 18778
I'm certain that those of us who remain as steadfast longs will continue to hold out hope for such an outcome, yet the math involved in this would suggest that even in your most wildly optimistic scenario, the long term investor in this company still would come up short. For example, suppose for a second that a miracle occurs and the PPS rises the 5-10K times you project, do you think that would be good for everyone or just a select few that were able to scoop up a few shares during the most recent slide following the reverse split? OK, so perhaps a number of those folks might be served by such an outcome (depending on their entry cost) but how about one of the original long term investors from 1995? Say for the sake of example this fellow was unfortunate enough to buy in at the high PPS of 1257 (price adjusted for numerous reverse splits) and he/she had the misfortune to ride it down to the present price of 0.003. That poor soul needs a rise in PPS of something considerably higher than that which even you have projected here.

1257/0.0003 = 4,190,000

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