Finjan Holdings Inc (FNJN)

[Det_Robert_Thorne]

If you were sure, you wouldn't be stressed

Obviously, Maestro, if you really thought your fantasy scenario (about Scotts acquiring COIND for the tax write-off) were going to happen, you wouldn't be stressed. Instead you would probably be quite confident, and would be quietly buying shares hand over fist.

Instead, because you know that this is all rank speculation on your part, designed to build interest in the stock and entice others to buy at the ask in order to drive the price up so you can sell at $0.03 - $0.05, you are stressed because you see your plan falling apart as Ed dilutes the company to oblivion.

Maybe Scotts will be interested in the tax write-off, but what would they pay for it when they, in any acquisition, would have to cover all the company's liabilities, including Gildea's golden parachute?

Suppose, once the debt to shares conversion is completed, there are over 300M shares outstanding. How much would someone pay for those $30M in write-offs, factoring in the parachute for Ed and all other liabilities? And remember, all that Ed would care about would be the parachute and to be left with no personal liability.

$5M? With 300M shares outstanding, that's $0.017/share, double that for $10M.

But what if, as the price continues to fall, is costs 500M shares to pay down the convertibles?

Face it, you've probably already got a $17K tax loss for next year.