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AKAPAK

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AKAPAK

Re: detearing post# 887

Monday, 12/14/2009 4:20:59 PM

Monday, December 14, 2009 4:20:59 PM

Post# of 1157
I don't really know the post BK share structure.

However, I did find it VERY INTERESTING that the (new) Equity Placement for $2 BIL will ONLY net them 20 - 25% of the company.

Now, if they value 20% of the company at $2 BIL, what do you think the other 80% is worth? My math quickly says: $8 BIL.

OK, now if we (really) own 36% of the company, that puts us PGPDQ shareholders with: (are you ready for this) $2.88 BIL of value, NOT $450 MIL.

Taking it to the next step, that is like ~7x your estimate.

Something got to be wong with my math. If not, MERRY CHRISTMAS and a VERY VERY HAPPY NEW YEAR.





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