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jufel

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jufel

Re: CraigT23 post# 11174

Friday, 07/24/2009 9:05:29 PM

Friday, July 24, 2009 9:05:29 PM

Post# of 162652
CHECK THIS OUT:

If WSRA will get 60 Mill shrs. of MMG in exchange to the 2
JV with GDSM.

60 Mill. Shrs x $0.0167/shr = $1 Mill. exactly!!!

So our calculation is right $0.0167/ GDSM Shr


Actual Book value of GDSM is $0.0668/shr !!!!

Future BV unknown until we kwow more details of the 2 JV's
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