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S&P 500
5,222.68
(
0.16%
)
US TECH 100
17,650.00
(
0.05%
)
Dow Jones
39,512.84
(
0.32%
)
Brent Oil
82.59
(
0.00%
)
Bitcoin
60,994.45
(
0.33%
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littlejohn

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littlejohn

Re: bestbuddy post# 4370

Monday, 10/17/2011 10:16:25 PM

Monday, October 17, 2011 10:16:25 PM

Post# of 4413
A backroom deal between some good ole boys doesn't bother me...

68 mil / 100K = .0015 ... good ole boy swap

10 mil at .065 = 650K ... public float offer

.065 / .0015 = 43 times more

But why do they want to pay 43 times more for some ole public float shares than the good ole boys swap price as they mentioned?...

$650,000 doesn't seem like small change for a company to buy out shareholder's rights to sue them later for a company with no prospects...

I think they have a low opionion of US investor DD in companies that they buy into...IMO, of course...LJ

Gee Beav, rithmatic isn't usually this hard to read!

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