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Re: pink floyd post# 18290

Thursday, 08/02/2007 1:15:04 PM

Thursday, August 02, 2007 1:15:04 PM

Post# of 51429
That's valid. We have no idea what true cash valuation was gotten for those shares. I hope and pray that KAA pulled off a miracle and bought us some acreage in heaven itself with those shares, in fact I am still betting on it. I just don't know the odds.

All I am saying is that it is much easier to get a better, more accurate valuation for the shares you are using if they are closer to their actual value. KAA did say that last fall he stopped using shares in lease deals for a while because of the share price. But at what price did he start again? $.06? $.12? $.20? Only time will tell if it using any of them below $1 was worth doing.

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