InvestorsHub Logo
Followers 113
Posts 9071
Boards Moderated 2
Alias Born 10/24/2006

Re: None

Tuesday, 05/20/2008 8:19:11 PM

Tuesday, May 20, 2008 8:19:11 PM

Post# of 97362
Here is my analysis based on my research ( mostly for newbies and not for operators and insiders )

two directors between themselves own 150M shares at an average of 0.002. They wont and cant sell below that price

143M with common public and will change hands.

748 M under Steve Peacock's control to effect the merger. He will need money for expenses and hence will Sell stocks and has already been selling last 6 days. But that is the max that he can sell. My guess is he will sell 250M to generate anywhere between 500k - 1M for operating expenses.

Now as part of the deal at merger A/S will be incresaed to 5B providing 80 % control to JPT and they may give them another 500M shares to make it 90 % control for JPT. old directors at that stage will own 5-7 % together and rest will be owned by public.

After a 1:100 Rs , we will have a A/S of 50M with 40M with JPT, 3M with mari and other director and 7M in public float.

make sure you are in the 7M public float.

So if you own 10 M today after RS you will have 100K shares between $ 1- $ 25 depending on the PE applied by investment banker and the actual revenues etc.



Disclaimer: Do not buy or sell based on my recommendation. I am not your financial advisor .My recommendations are based on my intuition, research or both and may be right or wrong.