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Re: None

Wednesday, 05/02/2007 9:24:32 PM

Wednesday, May 02, 2007 9:24:32 PM

Post# of 286611
A discussion on GGI and OS:

I've heard a few guesses as far as what the final OS number will be before dilution stops. Wick posted 10B as a max. I think someone else was thinking 8B max. Based on the forward looking statements made by GZ, I'm not sure these estimates are high enough. Assuming the GNF Ent stuff doesn't bring in significant revenue in 2007, GZ will post a loss of around 7MM in 2007. For the sake of argument, let's give GZ the benefit of the doubt and say they do extremely well and gain more subs than expected and make enough from the GNF Ent stuff to drop that loss to 4MM. This means they will need GGI to exercise 4MM in warrants in 2007.

We already know that roughly 800 million shares were added up till February 28. Assuming an average price of 0.0015 during that time frame, this would equate to roughly $1MM in warrants. This means $3MM is still needed. Assuming we average a pps of 0.0005 between March and December. GGI will have to convert about $30,000, resulting in 8B shares added to the OS for a grand total of 14B shares. This averages to about 40 million shares per day sold by GGI. So as far as guestimates go.. 14B is mine... and that's being generous.

Does anyone else have any revenue/sub/OS estimates backed by some calculations? Wick, I'd love to hear your rationale for 10B max OS.