The 10K filing is out... I read the whole thing and their financials were a mess... So basically they replaced all their operations with 60.5 million shares of GBVS stock, and got a cash infusion of 229,000 dollars, and will get 25,000 per month to maintain the company with, while they hold the GBVS shares as their main asset. If GBVS shares run to $1 a share in the next 9 months, XSBV will be an extremely valuable company, because they will be able to pay off all their debts, and the stock would be worth 60 million dollars to XSBV as a company. With about 12 million dollars in debt, a liquidation now of the GBVS shares would result in about nil for shareholders, thus, the .04 value of XSBV shares now.
However, if the GBVS stock rallies to about .50, I estimate the value of XSBV shares will be worth at .least .20 to .25 per share OVER THE DEBT that GBVS owes!
So they won't get my XSBV shares at .04... NO WAY... Go GBVS!!!! Use those assets from XSBV and grow those REVENUES!
