InvestorsHub Logo
Followers 52
Posts 10685
Boards Moderated 1
Alias Born 01/29/2005

Re: None

Saturday, 04/02/2005 12:13:44 PM

Saturday, April 02, 2005 12:13:44 PM

Post# of 341669
SCMI market cap is roughly $35 million.

MMXT market cap is roughly $18 million.

Why do you think the market cap is not going to add up to roughly $53 million after a merge...or? Where does you broker think that market cap is going to disappear to?

Of course I expect the 50 dma to be well above .07 by the date of the merger.....

$53 million is just an example based on today's share prices....illogical as they may be.

Using .07 50 dma.....the merged MMXT is worth roughly $43,400 and most of the value does come from SCMI.