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Re: sojourner post# 20541

Thursday, 07/10/2008 8:46:18 PM

Thursday, July 10, 2008 8:46:18 PM

Post# of 35633
After LTC's IPO and Empire converts their $8M loans
into LTC stock at 50% of the IPO price, the o/s
should be as follows:

12.9M shs (66%) CSMG
2.1M shs (11%) Borys Paton
3.0M shs (15%) The public
1.6M shs ( 8%) Empire Fin'l
19.6M shs(100%) Total

19.6M shs @ $10/sh = $196M Mkt Cap....very reasonable.


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