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Thursday, March 20, 2014 5:14:41 PM
PPJE has a market cap of $832.7K.
If you divide the two figures, you get today's closing stock price of $0.0021.
IF PPJE wins all of the compensation they seek in their lawsuit, PPJE will receive $26 million PLUS half of a medical clinic PLUS whatever punitive damages the jury opts to award.
Just running with the $26 million (because that is easy and I am lazy), PPJE's market cap would then be $26,832,700.
With a O/S of 396.5 million shares, the stock would then have a value of $0.0677.
1 million shares of PPJE is currently worth $2,100. At $0.0677, the same 1 million shares of PPJE would be worth $67,700.
Anyone want to pay off their mortgage by buying a couple million shares of PPJE today? : )
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