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Re: Shamantiks post# 22

Friday, 03/09/2007 12:22:58 PM

Friday, March 09, 2007 12:22:58 PM

Post# of 726
I just did some rough calculations... I didn't realize before that ELRI was already trading! They're at .03 per share, but recently ran to .08.

INNX is at .30. Giving out 7 ELRI shares for every 1 INNX. 7 times .03 = .21 dividend value.

So the dividend is worth around 70%! and you get to keep the INNX. And ELRI might even be free trading immediately, I don't think it will be restricted.

If ELRI just goes up from .03 to .04 after we receive... we won't even need our INNX shares at ALL, we'll be even.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y