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Kool Aid Man

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Kool Aid Man

Re: None

Thursday, 12/09/2010 4:47:27 PM

Thursday, December 09, 2010 4:47:27 PM

Post# of 42439
The average roll of toilet paper has 500 sheets (2 ply) and sells for about $1. That comes to $.002 per sheet. 24,000 sheets comes to 48 rolls (of 500 sheets) which have a value of $48

The pre "reverse split" of Artfest toilet paper valued their 24,000 sheets for $.0001 each. So 48 rolls of Eddie's toilet paper were worth a grand total of $2.40 on the day of the R/S.

Conclusion: Eddie's stock is worth 1/20th the value of toilet paper. (Actually, it's worth 2/3rds less than that based on today's price).
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