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Re: joye1 post# 93646

Thursday, 09/09/2004 10:05:48 AM

Thursday, September 09, 2004 10:05:48 AM

Post# of 358440
Sorry Joy, VooDoo is right on. I cannot buy into the valuation theory of SGGM several million dolars.

I agree with VooDoo, we need to get real on this valuation and be prepared for major dilution when 200 billion shares are O/S.

If you must buy into the valuation of 200 billion x .35 PPS,
then this company doubled in value yesterday when it hit .70 PPS then lost it all when it hit .35

To me, the present value of SGGM is unknown, at best

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