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Loonley Tunes

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Loonley Tunes

Re: highlycynical post# 1283

Monday, 07/19/2010 2:04:16 PM

Monday, July 19, 2010 2:04:16 PM

Post# of 35711
Caddo produce 2.4M in revenue and has 6M in assets. (look the pr of Caddo deal)

If we make a simple conclusion that EFIR will pay those 6M assets with shares, how many shares at 0.0020 they will sell to get money for buy Caddo?

6.000.000 $ (Caddo assets) / 0.0020 (pps of EFIR) = 3 Billion shares ... imo the version of selling shears for buy Caddo is quite imposible.

I still hope for a merger.

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Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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