InvestorsHub Logo
Followers 7
Posts 546
Boards Moderated 0
Alias Born 10/15/2008

Re: FFF post# 66509

Friday, 07/23/2010 5:03:59 PM

Friday, July 23, 2010 5:03:59 PM

Post# of 83044
FFF,

I would be generally pleased if someone bought a 75% stake in the company for $80+ million as long as all the debt could be retired and they would have say $20 million left over for working capital to get things going. The simple math would suggest that our 6 bil shares would be worth about $.005 or more which is okay by me considering we're now at .0007.

As I've already said on this board, this would fit with my analysis of what could happen and is why I have tripled my holdings at sub .001 prices.

Of course is someone does get a 75% stake for $80 mil, they would only do it believing they were getting a bargain which would logically make the upside to our 6 bil shares much higher than .005.

F18

Just my opinion and should not be considered as advice to buy or sell.

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.