Finjan Holdings Inc (FNJN)

[maestro_of_Ihub]

Here is why I am buying this POS and have covered my short position!!!

The CEO is a MORON!!! he has lost $100MM in the past 4 years and couldn't run a lemonade stand to save his life!! The good news is he and his other croonies will not be part on this company in 2012. The current mcap as stated in the CC was $800K, but we know diluting and PPS drop is impacting this propable balance out!!

I am assuming that the $3.5MM in debt will be converted at lets say 3.5 cents so we ar looking at 120MM shares outstanding!!!

or an Mcap of under $2MM again depending on the PPS!!

So what is this company worth with no debt and $125K/month burn rate!!

here we go!

1) (Tax loss) The $100MM tax loss = $10MM potentially

2) WaterWater = Nil

3) Gonzales Plant = $3MM

4) Pharmasphere = $750K

5) Terrasphere = $3-5MM


Depending on what they sell, this company is worth at least 10 to 20 times the future diluted stock!! sure they cold go BK, but the fact is that everyday they are reducing debt, and as long as this POS keeps trading 5 to 10MM shares a day, you have investors!!

The other reason I am a BUYER for the first time is!!! the conference call not one freaking retail idiot asked a stupid brain dead question!! NO RETAILERS HERE!! all questions came from institutional investors that are gonna insist ED finally Gos!!

just the announcement of Ed leaving will launch this stock to pre-split levels!!

nothing guaranteed, but this one have huge upside here and hude downside (BK)!!

PLACE YOUR BETS!!

maestro