A quarter for your dollar ....
here's how it works ....
You own 2,000,000 MMPI shares worth $1.40 in equity which equals $2,800,000
per the OEC endorsed plan you are forced to sell 1,040,000 shares for 35 cents or $364,000 ...
What remains are 192,000 (960,000 reversed 5 times) very thinly traded MMPI shares trading at $3.10 .... or $576,000
snap .. crackle .. pop ... you just suffered a $1,860,000 (66%) decrease in the value of your MMPI holdings ....
and you gave $1,100,000 to the buyer ....
just to breakeven the remaining MMPI shares need to trade at $12.70 ... so it doesn't matter how long you are prepared to wait .... you will never get your money back ...
what kind of business school grad would agree to this ..... Stanford or not .... a really dumb grad ...
what kind of (ir)responsible fiduciary would agree to this ....
A quarter for your dollar ...
