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jerseyboy

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jerseyboy

Re: Myth post# 4179

Wednesday, 04/18/2007 4:27:39 PM

Wednesday, April 18, 2007 4:27:39 PM

Post# of 30565
Just food for thought: FSIN closed at 10.44 today. The 90,722 shares SIVC owns are thus worth $947,138. Assuming that the Series B preferreds are converted at 1 for 1, we have potentially 28 million shares outstanding. That value of $947,138 divided by 28 million equals $.034 per share. We closed at $.013. Can someone say undervalued?
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