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calirambler

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calirambler

Re: ScrewThisStock post# 443

Wednesday, 06/01/2011 2:06:21 PM

Wednesday, June 01, 2011 2:06:21 PM

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This does suck. No more rights or potential upside of the Hemiwedge valve. But there is still some value here. I believe total shares outstanding were 20-30 million.

Cash on hand - $0.01 per share
20% (estimated corp tax) of 5% (lose 95% of total) of tax loss - $0.01 per share

So we have a $0.02 per share stock. Horrible but still something.
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