donilo, what you posted is important, here's why...
I'm quoting from that person's post, "Vicki Curran told me yesterday 9/13/04 only 16,951,526 sggm shares of O/S existed."
16,951,526 OS / .50 (SGGM's pps) = $8,475,763 MV
So the maket is valuing SGGM at ~8.5 million dollars currently.
Let's translate this then to what the market is currently valuing CMKX.
$8,500,000 / 5% (SGGM's stake in CMKX) = $170,000,000
__________________________________
With a CMKX O/S at
17 billion = .01 pps
170 billion = .001 pps
250 billion = .00068 pps
340 billion = .0005 pps
500 billion = .00034 pps
800 billion = .00021 pps
__________________________________
So maybe CMKX is being naked shorted, or maybe it isn't. The prices seem if not in line, very close to being in line with where we are seeing according to how the market is pricing SGGM.
However, why what you posted was so important is this. In my last post I used a conservative, but realistic figure of $10 billion for valuation of CMKX if we see great results soon. Given the time value of money based on net income from these claims, it's fair to state we'd be appraised at this amount at the very least. So in light of this, let's look at the pps picture now.
With a CMKX O/S at:
50 billion = .20 pps
100 billion = .10 pps
250 billion = .04 pps
500 billion = .02 pps
800 billion = .0125 pps
_______________________________________
From Mach's report from Seattle, and seeing all that has transpired which HAS NOT moved the share price one bit, I'm convinced more than ever based on the re-post you brought to the board, that positive results from Oreo or Carolyn will prove once again that diamonds are indeed forever. : )
Bo
AI
