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Re: Lil' Jon post# 53359

Friday, 02/14/2014 1:10:09 PM

Friday, February 14, 2014 1:10:09 PM

Post# of 91007
Please see what I posted earlier regarding value of company. I highly doubt they are going to use all the 1.5 billion increase in A/S and dump it into the market.

"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 (IF we get approval). 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.

You look at what MJ stocks are currently valued at with their ridiculous market cap values, and this company looks really cheap at the moment if any of these big events come to fruition.

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