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Re: turn around post# 5470

Wednesday, 01/25/2012 12:28:32 PM

Wednesday, January 25, 2012 12:28:32 PM

Post# of 123084
PHIE holds 4 million restricted shares of AGMC according to their most recent SEC filing. In this filing they value the shares at $0.15 for a total value of $600K. LOL! They must be using the Cory Ribotsky algorithm for that calculation. It appears to me these shares are worth $0.02 or $80K. At best. But hey, Henry's found someone to pony up $2Billion for a piece of the PHIE action, eh? LOL! LOL!
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