Perhaps a bit undervalued? FEEL Outstanding: 82,649,706 as of August 2, 2010 Float: 18,493,487 as of August 2, 2010 Closing Price August 10,2010: .02 82,649,706 x .02 = $1,652,994.12 Market Cap http://ir.stockpr.com/feelwedges
On August 6, 2009 the Company issued 1,250,000 shares of restricted common stock to purchase assets from Caldwell Golf Corporation and additional 100,000 shares of restricted common stock to Franklin Gage for services associated with the purchase. The transaction with Caldwell Golf Corporation was recorded at $3,274,505 based on the appraised value of the assets received, as described in Note 13. http://www.faqs.org/sec-filings/091116/FEEL-GOLF-CO-INC_10-Q/
Net Inventory as of March 31, 2010 = $1,912,739.00
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