FEC Resources Inc. (FECOF)

[styl]

i tried to throw some math around a few posts back....

650,000 is in cash...... and roughly 2,500,000 annually in revenue..... if they made a 10 % profit then its about 250 grand a year,,,,,if its a 20% profit margin they made.then about half a mil a year in profits...and so forth.,dont really know the combined profit margin they might have had back then and how it changes now as well with less of a tax on profits issue....and the debits and credits affected by BEC .

i used figures they gave but they didnt give the break down of sc6a and B which in the first paragraph they included as part of the settlement but without further detail as they provided for the rest. So their lost revenue/profit is most likely higher//////still nowhere near the 9 million mentioned...unless as much as 10 years go by and there are additional finds in those contracts.