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Re: Jungle_Trader post# 63389

Saturday, 02/27/2010 5:50:18 PM

Saturday, February 27, 2010 5:50:18 PM

Post# of 135331
So at .0002 that #3,000,000.00 or higher because at the time the 20 bil shares were done some say it was at the hieght of the pump. So wow again you really value those licenses.

Jungle glad you think they are worth that much. I was thinking maybe $300,000.00 at the most base on the cost of Liquor licenses and with recent developements in the market maybe $500,000.00 if that much

And sense TG only told us that he bought the rights to the license which in sense in the business world is called a speculative offer I was thinking he paid oh say about $75,000.00 maybe $50K for the rights.

In speclative offers to secure rights usually you pay that $75K up front to own the rights for a set time period, usually 1 to 5 years, the longer it is the more expensive. If that time period expires be for you act on your rights then you lose the $75K and the rights.

that is what I would of done if I was in Toms situation and then I would be out trying to make deals on the rights I own with known investors and leverage those right in exchange for finaincing to expidite my business plans.