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Re: Reindeer830 post# 53313

Friday, 02/14/2014 9:25:20 AM

Friday, February 14, 2014 9:25:20 AM

Post# of 91007
My apologizes, I should have clarified. The .03 - .05 is what I think the pps would shoot up to in the very short term with IP news. I was just commenting on somebody else's post about the .10 pps target. Honestly, IF we get IP acceptance, this changes the game completely. Even taken a conservative approach, at .08 with all the a/s going into the open market, the market cap would be 300 million which I think is quite low with a major patent. Regarding a buyout, I think at the absolute very least we could get 500m offer from a big pharmaceutical company (considering we would have zero debt most likely).

I'm trying to go back to basic accounting here.........if we do release all the a/s into the open market eventually, there should be absolute no debt at that point, therefore making the company worth more. So even though we would have a lot more shares outstanding, the company should have a higher market cap value (almost like cancelling each other out). All my opinion of course.
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