Equity Technologies & Resources (fka ETCR)

[Al Tillis]

The value of the stock esp to the longs here.
I might be posting more than normal lately as my time has been taken up with several different things.... so I have just been stating a few things that perhaps some of us have started overlooking ..

Just using round numbers .. If you are long here and have been here since last July - the date of the dividend, and for the sake of my example I am going to take it that you have not traded any shares. ok here goes ..
You perhaps are holding shares that you started buying at approximately .10 and perhaps bought more at .20 and maybe even as high as .30 - Ok that puts you at an average at .20
So if you hold for the conversion of your preferred shares, you will be getting approximately $1 per share worth of common stock for each share you were holding last July.
That is a dollar per share minus your cost of .20 you have netted .80 per share plus whatever the price of the stock is at conversion. You will get $1 worth of common for each share held so the price of the stock really doesn't matter.
You will be getting $1 per share worth of common.

If the stock is at a dime.... you get the dollar worth of common (if your average cost is .20 for the example) you have netted .80 plus the dime. You original shares you had at an average of .20 are worth .90 .... not bad.

But if the stock is at .50 then you have .50 plus .80 .. $1.30
My earlier projections were for the stock to be between .50 and .90 in July that puts you original shares at a value of $1.30 to $1.70

Lately I have looked at the .50 to .90 price range and I think that the projection is low.

Any thoughts on my figures?

Best,
Al