Tuesday, September 11, 2007 2:12:33 PM
You talk about a buyback from carmac that would only happen if the PPS stays at .0000x.0001 if the PPS increases to .0003 it would be to expensive to buy back.
Im not sure if my numbers are right my calculator doesnt go to 80billion,but 80billion x.0003 = 24 million dollars.
80 billion x.0001 =8 million dollars'
If these numbers are right alan is going to borrow 3.6MM and have to pay back 8MM minimum in two years?
8MM would be 20% of the 39MM contract,I doubt his profit margin is 20%.
Do not buy or sell because of anything I say.
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