Monday, September 19, 2005 8:47:32 AM
Let's round-off and say there is 200M shares outstanding of EZTO at Friday's close of .02 (actually .0211). So the market cap is $4,000,000. The spin-off would be 100M shares, and at $1.00 that would be a market cap of $100,000,000, a $96,000,000 increase on that part of the investment alone. Even if ALL of the value of the company was in the spin-off, it would trade around the .04 level, not $1.00. Let's keep our prediction's realistic and maybe other investors will think that this is a SERIOUS company.
PS: Daytraders ignore this post. Anything can happen over the very short term.
3) spin off EZ2date at $1.00 per share. Remember we get 1 for every 2 owned here
Bob
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