Beacon Redevelopment Industrial Corporation (BCND)

[DonLeopoldo]

BCNC VALUATION :

1st of all, I would like to point out that BCND is trading peanuts, here.

100 million shares is only $40k to $50k at this level.

The O/S is over 2 billion, as I've read around here, so we're trading less than 5% of the O/S, and a lot of the volume is flipping, mirror trading and the like. I'd say that only 1% of the A/S is beeing traded as an average.

There was an offer of above $5,000,000 for the salvage, and the company is expecting above $15 million.

To be conservative, I'll consider the $5 million offer, and will consider the whole A/S of 3 billion:

$5,000,000/3,000,000,000 = $$0.0017 PER SHARE (FULLY DILUTED) !!!

With the $15 to $20 million figures for the salvage, ...

... BCND above $0.0050 PPS.



But there is more:

... don't forget THE LAND !!!!

Nobody talking about THE LAND !!!



Then, after this salvage becomes a done deal, BCND will have tons of cash to invest and do other business.


Probably we'll be above $0.0020 before next thursday.