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Re: phattrader post# 53449

Friday, 02/14/2014 9:36:58 PM

Friday, February 14, 2014 9:36:58 PM

Post# of 91007
Please read a post I made earlier.

"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). If MJ stocks have billion dollar market caps, I certainly don't see why this could have at least a half billion dollar market IF they do get IP acceptance.

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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