Monday, February 25, 2008 12:59:14 PM
am i the only one who does the numbers?
>>
Not quite. You are getting shares in a company that who know what the real value of is. If I traded you my $1,000,000 puppy for two $500,000 cats, would that mean I have something of value? OF course not.
WIlf is selling the Deep Scan for a lot more than it is worth, according to those who know boats and posted about the sale when it was first announced months ago. But, if he is getting shares that are equally overvalued from reality, then the $5MM is not an accurate number.
I'm not saying it is NOT worth one penny, just saying we don't KNOW if it is or not. I'd like to see the trading price of the new company and exactly what we are getting that is assessed at $5MM. Then we'll know. But I think it is too early to say for saure we are geting 1 penny per share in value, instead of possibly getting two $500,000 kittens.
North Bay Resources Announces Assays up to 5 oz/ton Gold, 1.5 oz/ton Platinum, 0.5 oz/ton Palladium, and 0.5 oz/ton Rhodium at Mt. Vernon Gold Mine, Sierra County, California • NBRI • Oct 4, 2024 9:15 AM
Basanite, Inc. Appoints Ali Manav as Interim Chief Executive Officer • BASA • Oct 3, 2024 9:15 AM
Integrated Ventures Announces Launch of MedWell Facilities, LLC and Lease Agreement with Giant Fitness Clubs • INTV • Oct 3, 2024 8:45 AM
Beyond the Horizon: Innovative Drug Combinations Offer New Hope for Alzheimer's and More • NVS • Oct 3, 2024 8:45 AM
SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service To Enhance Natural Rubber Industry's Ability to Report on Sustainable and Ethical Supply Chains • SMX • Oct 3, 2024 7:00 AM
Transforming Alzheimer's Treatment: Innovative Combinations to Boost Cognition • PFE • Oct 2, 2024 9:00 AM