Thursday, October 29, 2009 10:29:14 AM
the more important point is that in the future after this is a viable entity....the PPS will be determined by corporate value....i.e. the "books"....
the point is we're starting with $150mm revenue....
a company VALUED at half a billion dollars with half a billion shares O/s would be worth a dollar a share....
do the math with $150mm and half a billion shares....
I disagree to the extent the O/s is not "low".....you're right that many Pinkies have more.....but, of course the success rate of Pinkies is about 2%....
so, are you telling me this is just another hype driven Pinkie....I thought QASP was better than that????
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