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petermic

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petermic

Re: Chrf4 post# 253

Saturday, 06/19/2010 3:17:15 PM

Saturday, June 19, 2010 3:17:15 PM

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My error, let me re-phrase. The company is selling millions of shares at $0.10 so how can shares be worth $0.50.?

Oh, they're not anymore, that was Wednesday. Now they are selling at $0.40. Maybe closer to $0.10 by the end of next week.

In my mind, the value of the shares is the price at which the company sells its own shares. Who better to know the value than the company itself?
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