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Tuesday, September 18, 2012 12:17:31 PM
On the plus side , CEO Tom Ogryzlo, is brilliant and on the side of the common shareholder. His idea as of late is to convert BAJFF into a “Royalty Trust”.
This would guarantee shareholders that any “net” profit would be paid out to the shareholders.
Latest DD seem to indicate that 10% ownership would pay between $.04 and $.09 per year, per share. So if this was to come together, the stock is at a real bargain at this price. However, this all depends on the KC and continuing forward with Phase II. That is the last step for finance.
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