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Re: yellowjacket post# 155304

Monday, 03/02/2009 7:45:28 PM

Monday, March 02, 2009 7:45:28 PM

Post# of 326351
I'll take a crack at it:)

60.654%

Of course this is not entirely accurate because the price is not $.04/share and most recent share structure info is from 10/9/08.

They would also have the option to increase ownership to 72.736%
should they choose to exercise their 1,464,470,834 warrants and since most are priced at $.02, they probably would.

However, should all of the above occur and the PPS remained at $.04, the market cap would be $190,763,349 or 23 times current which brings us to a current equivalent of $0.1467/share
so bottom line is I'm all for it:)


"A man doesn't know what he knows until he knows what he doesn't know"