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Re: gpb post# 3290

Thursday, 01/09/2014 5:51:11 PM

Thursday, January 09, 2014 5:51:11 PM

Post# of 700538
My apologies.


Much of what you say is correct, but I said "without dilution." 3,500,000,000 / 65 million is indeed 53.85 PPS. (Whereas 3,500,000,000 / 38.5 million = $91.00 PPS) Our current amount of outstanding shares is 38.5 million. That excludes options and warrants in the amount of $25,311,431.

If you take the Market Cap right now and divide by the share price you come up with the shares outstanding that is in line with the most recent prospectus after it accounts for the offering = 38.5 million.

38.5 million + 25,311,431 = 63.8 million.

3,500,000,000 / 63.8 = $54.85 pps. So you were technically only 1.00 off, whereas my "nonsense" was much further off -- by a country mile.

So let's get rid of my nonsense.

At 35 Billion Market Cap, the PPS would be $548.50 Price Per Share:)


At a 10.5 Billion Market Cap, the PPS would be 164.55

At a 7 Billion Market Cap, the PPS would be $109.70













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