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Alias Born | 01/23/2006 |
Wednesday, August 01, 2007 9:26:31 AM
"Then 200M and now we are at 2 BILLION!!!
With an additional 2 Billion around our neck as a thank you bonus.. You tell me why?
Conceivably we could be at 6 Billion if everything went wrong.. Wait.. Hold the Presses Furla is buying.."
Your post just a few moments ago and I am labeled as a bad moderator.. Realistic moderator would be me..
"""Talk of a dollar or even $.10 seems like an outlandish pump statement for the following reasons: 1) the company currently has about 2 billion shares outstanding; 2) it just issued $1 million of convertible debt, convertible into 2 billion shares of stock; 3) it issued warrants for another 2 billion shares of stock, with an exercise price of $.0005. Thus, the fully diluted outstanding share balance is 6 billion shares. If the PPS hit $1 - that would make the company worth $6 billion: can you imagine any conceivable scenario where the company would be worth $6 billion??? If the PPS hit a dime - that would make the company worth $600 million: again, what conceivable scenario would have the company worth that amount. Now, if the PPS hit $.01, the market valuation of $60 million might be supportable if it were bringing $2-3 million to the bottom line and had a 20-30 multiple: this could conceivably happen if a) they have a few hit movies and get some solid back end participation; b) the reality TV show gets off the ground and is a hit; and c) the pipeline continues to stay full with strong prospects, helped along by the Lerner connection. The greatest likelihood is a PPS under $.01 but above $.0025, depending on what actually transpires. Time will tell. But please stop the nonsense about $1 !!!!!!"""
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