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WinOneGipper

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WinOneGipper

Re: siriusadult post# 4337

Wednesday, 02/14/2007 9:30:31 AM

Wednesday, February 14, 2007 9:30:31 AM

Post# of 9101
"there would be ~ 68 million shares outstanding and the share price would likely drop to $2.51"

Sirius, now we know why the private placement to ECM was set at $2.50!

RBT... that in my opinion becomes your "fair value" point. No need to work with P/S or P/B ratios.

Sirius... I think you have part bloodhound in your veins (along with some leftover wine from last night). Great job of sniffing out the details.

Major details like dilution are easier to hide when over 80% of your shareholders are retail. The next question is which direction do we think the share price is headed from here?
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