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Re: smoke2038 post# 79906

Thursday, 03/10/2005 1:29:51 PM

Thursday, March 10, 2005 1:29:51 PM

Post# of 279080
I don't think that is very plausible. When Frank mentioned operating expenses of 500,000, I think it was actually $300,000, he was talking about getting movie deals and big big contracts. To actually run the company I seriously doubt it costs that high unless they're giving all their employees $150,000 salaries. I should have saved it but if you consider the math of selling 1 billion shares to the piblic during the run to .01 and above, at .01 they receive 10 million dollars. If they sell at .015 that 15 million, and at an average selling price of .02 thats 20 million dollars. Then consider them buying back those shares later last year, even at an average of .004 that would still only cost them 4 million. Thus they would have profited at least 6 million, more if they averaged a higher selling price than .01. Thus even if it costs them half a million each month, the profit off of the smallest situation gives them enough money to run for at least a year. Again I don't think it is costing them 500 grand a month to operate. Now consider that they do have advertisers and most likely a few thousand subscribers at least, salaries are paid for each month and they can probably operate for longer than a year at this point. In this case I believe my situation has more validity than yours. Matt
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