Wednesday, September 26, 2007 4:36:14 PM
the management has stated to me in emails they think the breakup value of the assets is worth .01 - .02.
Now do the math and if they max out the full value then yes 1.00 could be made into 5.00 to 50.00 or if the full potential hits and the assets are valued like they think they are then 100.00 to 200.00. Stocks eventually get to there true worth. Question is what is what would someone be willing to pay for all the parts.
Also if the stock does do a R/M it could very well do a R/S but when you have some huge assets and revenues that will back the R/S this stock could run huge with the smaller share structure and more institutions and or larger investors who like to invest in stocks that have reduced the stucture.
I see it as a positive only if they Reverse merge and or are bought out.
Thii
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