Wednesday, October 07, 2009 12:49:04 PM
Assuming SPZI owns 25% of ONCP, then the ONCP market cap needed to justify a SPZI pps of 0.0001 would need to be:
4 x (5 billion spzi shares) x ($0.0001/share) = $2M
Assuming an ONCP o/s of 1,239,260,000 (from recent PR, though I think the count has gone up some since), then we need to see the ONCP pps at:
($2M) / (1,239,260,000) = $0.0016 before Spooz moves again.
Otherwise, you get more bang for your buck buying ONCP directly.
That is just my opinion. I still don't fully understand the extent of how each shareholder owns 141, since we do not actually have the shares.
Finally, I don't think Paul and Co. want to allude to the past.
Good luck,
Gbathat
God grant me the serenity to deal with the things I cannot change; courage to change the things I can and should; and wisdom to know the difference.
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