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Thursday, June 10, 2010 2:35:22 AM
I know I just used a double negative there, you don't have to remind me.
The 500k figure was a low ball.
100% boardmarks to investors was an overestimate.
Within those two guesstimates lies the figure of 125 mil.
125M x .002 avg / 250 = $1000
There's a lot of people on this board that got in for a lot cheaper than .002 and spent a lot more than 1k.
So no, I don't think I'm too far off.
I don't expect them to P/R a void because they feel bad for us.
I expect them to do so because I believe they were anticipating their pps being .005+ & this not all getting found out.
What good is a 40:1 if your pps going in is 75% less than you were expecting?
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