Wednesday, July 25, 2007 12:44:28 AM
Secondly, she plans on selling the remaining shares that are outstanding approx. 18 million for $1.00p/s. Real question should be where exactly does she plan to invest this money? Don't say "in RML", that is not exact. Bottom line is that $18 million are added to our assets? No loss of value.
Thirdly, Why would investors pay $18 mil for 1/3 +- of ownership in a company? Answer: It is worth much more than that and the potential for further growth ensures retained value. If I was examining the books I would not invest in a company 18 mil if it did not have a value exceeding 100 mil. I would also be looking at the companies business plan to make sure it is sound.
Finally, you talk about EPS and Market Cap as if it matters at this point. REM. O/S was reduced from 3 Bil down to 50Mil. We all had to know that she was going to look at capitalization to increase(We Hope) revenue. Whats really important is how she uses it.
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