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Saturday, July 23, 2011 4:50:53 PM
His stock numbers indicate a 99% share dilution, not 97.5% as we were previously told by the company, but it also looks like more debt may be retired than we were expecting.
My post about 2 months had a target value close to his, around 25 cents/share.
His table 4 numbers do not make any sense to me. Missing something there?
All in all, the .28 bottom prediction may be too high? It may drop to 5 cents, when people look at the 6 cent conversion rate on one of those deals. Could trade between 10 and 20 cents soon?
Current and Future profits or losses, will tell the long term story! Right now it is a toss the dice subject as to what will happen next, especially on the US Debt issues.
Ambition with out knowledge is like ship in dry dock. Going nowhere fast!
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