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Re: Smallville post# 7037

Thursday, 10/14/2004 8:13:49 PM

Thursday, October 14, 2004 8:13:49 PM

Post# of 23718
750million "AUTHORIZED"!!! Not actually issued and out there yet. In the life of this company there are only 100 million (plus a few) actually issued. Since when, 1996 I believe. So thats 100 million divided by 8 years = 12.5 million per year, times an average price of 30 cents over the years(anybody wanna guess on this) = $3.75 million per year divided by how many parties (LB, AS, WM, BW, engineers, research companies, other developers, etc)so thats 6 parties, minimum, = $625,000 a year, per party, MINUS EXPENSES! Yes they do have expenses (it costs money just to issue the shares! Have an office, pay the power bill). And seriously thats probably high. But I guess if someone paid me that to put up some phoney PR's and pay the bills I wouldnt complain. But with a little bit of effort they could have had millions. The original analyst report in 2001 called for a price of $18/share by end of 2006. So LB's 27million shares alone could have been worth $486million. Some analysts were calling for $100/share. You'd have to be some kind of idiot to turn that down.

Or here's another idea. Drive the stock price to $1, issue 5million shares in a private placement, and bam, theres that financing deal that they just made, but now its owned by PWTC instead of someone else. Build the prototype, issue more shares, at probably more than $1 now, and build your own damn production facility. Now 100% of the profits are owned by PWTC. This is probably what the analysts saw when they first issued their forcasts. Takes some kind of idiot to screw that up (I know, dont answer that).

But anyway, Im tired of doing the math for all of you so Im off for tonight. See you tomorrow for another exciting episode of AS the Battery Cranks. :)

He who smiles at lofty schemes, stems the tide of broken dreams.
R.Hodgson