Eddie,
Great to hear your input! I do understand it doesn't account for a lot of things, and as you point out, at this point, it would be impossible for any number of people to make this decision due to the extremely tight share structure. I of course, was by no means suggestion anyone take this route, I was more offering an analysis of my own position, and to show that a) the fund is an AWESOME investment, but b) I'm so confident in the long term success of SMKY that I'm choosing to keep my money in common stock because I do believe it's going over .67, and hopefully well into triple digits.
Great thing about all this, is you look at either option and say, "SMKY is going to make me a lot of money no matter which way I go."
I also think you're spot on with the reason there hasn't been a big influx and the reason that (apparently) lease fund units are selling well...people, at least the friends that I've talked to and referred, are much more prone to look at something like the oven lease fund because of the stigma of the entire penny market in general.
I think your plan that you're putting into action with raising capital through this method is, in my inexperienced eyes, borderline genius. I'm very excited to see what the future holds for us longs.