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Re: ITGuy post# 31260

Tuesday, 10/02/2007 3:05:01 PM

Tuesday, October 02, 2007 3:05:01 PM

Post# of 87186
ItGuy

To justify a market cap of $ 1.5 billion I guess profits of 100 million dollars would be required. To generate those profits I guess the trading capital would have to let's say 10 to 20 million dollars to be optimistic.

My point is that if SPZI now has a 40 % stake in 141 that stake will be substantially reduced if there are private placements to raise 10 million dollars or more.

However, we assume different things. I assume that there will be a private placement in 141 whereas you assume this will not be the case. You seem to assume that a certain sum of money will be invested in a hedge fund owned by 141. If you are right my reasoning is based in wrong assumptions. My question is how the profits of the hedge fund will be shared by those dropping the money and 141 Capital.