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. <!--Beg_Sig-->