InvestorsHub Logo
Followers 9
Posts 687
Boards Moderated 0
Alias Born 10/03/2007

Re: jsolor7 post# 114519

Friday, 04/23/2010 9:37:11 AM

Friday, April 23, 2010 9:37:11 AM

Post# of 221872
There is a logic flaw in your example. If the deal actually goes through at $100 million the stock would no longer be at $0.0002, so the 3.45B shares would cost substantially more. It would approach the $0.00227 in your example, perhaps within 70 - 90% until payout. Therefore, I contend it would be a wash and not worth doing. Thoughts?

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.