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Re: RANCH11 post# 86

Friday, 11/26/2010 2:02:51 PM

Friday, November 26, 2010 2:02:51 PM

Post# of 176
Well written,went back and looked quickly at the prices paid by Trinad for the close to 40 million shares they own. My best guess is their average cost is .06 which includes the 20M @.01.
ISHM was trading around .03 at the time of the 20M share private placement 6/6/08.

Being a little cautious, still have to treat this as a shell,whereby even if they start another business most probably new funding would be needed. Or if they roll in an existing business, possibly a new share structure would be needed,as the existing business would be compensated in shares of the shell.

Or then again SPEA comes to mind.Anything can happen and hopefully it is soon.

For reference,SPEA.
http://www.shellstockreview.com/ssr-Elvis-Presley-and-SPEA.html