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Re: Stockrunner2225 post# 86044

Tuesday, 11/22/2011 12:38:11 PM

Tuesday, November 22, 2011 12:38:11 PM

Post# of 155603
For a long time I thought it was all about the law suit but last night I did some research and I think it was something else first. On March 21st (not positive on date off top of my head) I think they changed the amendments and raised the count to 15 billion. Now I realize that we're only at 6.55 billion and probably will never get to 15 billion, but seeing the amendments changed is never a good sign, and I think that's what started ticking ppl off.

Now if I'm going to trade under the fallacy that each acre is worth $30,000 than I should probably divide by 15 billion but the truth is I think if we get near 15 billion shares its because the company acquired more acres and services for shares.

But just for argument sake: 31,000 acres x $30,000= 930,000,000 \ 15,000,000,000= .062

If you think its too high than cut it in half or whatever you want. I'm just giving a simple projection not a perfect one.
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