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frogdreaming

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frogdreaming

Re: Minnesinger post# 102898

Tuesday, 11/08/2011 3:28:07 PM

Tuesday, November 08, 2011 3:28:07 PM

Post# of 118239
At that same estimate (5 billion shares) the capitalized value of the company at the current pps is $500K. Who in their right mind would pay a premium of 50 times the current value to obtain the company? Simply by buying up enough shares to force a seat on the board (less than say $100K) would open the door for a hostile takeover at a minute fraction of $25 million.

These stories get dumber and dumber as the weeks roll on.
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