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Post# of 90368
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Calrod

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Calrod

Re: None

Thursday, 11/29/2012 8:34:15 AM

Thursday, November 29, 2012 8:34:15 AM

Post# of 90368
WAFR Net Assets = $10M (liquidation value )
WAFR Current Market Cap = $1,081,592

$10M / $1.08M = 9.25 factor

Current PPS = 3 cents x 9.25 = 27.77 cent PPS liquidation value only.
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