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Re: Agoura Guy post# 2216

Thursday, 10/08/2020 1:31:47 PM

Thursday, October 08, 2020 1:31:47 PM

Post# of 3545
Yes and that is the moment of opportunity if you think there is a good chance that you will get too eighty five. The amortization period is twenty years as you know. I’m thinking looking at fifty dollars a month if your strike when the iron is hot at a fraction of a penny for a common share.

I would like to also make the point that because an outstanding share is a debt it’s par value must be in a negative value. The thing is a credit is owed on all debt so there it becomes a positive a multiple of -1 from the debt holder.

My point it a par value given .0001 is actually -$10.00 a debt of $10 for the equity position held. The common shareholders would be 20 to 30 percent of that figure on the tax debt owed to them minus or plus the cash position held by the equity holders.

I hate to be painting a bleaker picture but it is what it is.


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