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Thursday, August 05, 2010 10:21:16 AM
If the A/S is 6B, the valued pps is .004.
If the PR is true:
1) The company value of $5M means that they have the loan on hand. Regardless of the escrow issue, the potential 20% buyer would be acknowledging that SYNJ has $5M in value to put down $1M.
2) The buyer can't be Methes as they aren't publicly traded, unless part of the deal is that they complete the IPO.
3) My understanding is that the $35K is for engineers that were helping planning/prepping for eventual implementation that never got paid.
4) Go back prior PRs and Brian clearly states he is the money guy and Mack is the operations guy. Now Brian is saying that Mack was also the money guy....and Mack brought in Peter, so everything is Mack's fault. I am sure Mack is wrong enough, but seriously....
5) Brian is making NO MONEY? Does anyone else wonder how he pays his bills???
6) Another company going to come in and buy us...blah, blah, blah. Could be true, but haven't we ALL heard this before and it turns out to be just a P&D? Again, could be true here, just need more facts/details to be believed.
Well - this is my one post for the day.
GLTA....
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