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Gatsby

12/12/14 10:04 AM

#70883 RE: tefftb #70882

yes. same calculation with different market cap and nbr of shares retired.
If you use 300M market cap (0.06 pps) and a decrease of 1B each insted of your 1.25B you get 300M / 3B shares = 0.1 so an increase of 0.4 from 0.6 so 66%

Conclusion: more shares are retired, more interesting it is for common shareholder. Quite obvious but worth telling again.

So yes... if someone was willing to pay 0.05 today, he should/would be willing to pay 0.083 with a 3B O/S
And someone who was ready to pay 0.06 would be ready to pay 0.10
...

so :
- 2B shares retired = 66% potential immediate upside
- 2.5B shares retired = 100% potential immediate upside
- 3B shares retired = 150% potential immediate upside
- 3.5B shares retired = 233.33% potential immediate upside
- 4B shares retired = 400% potential immediate upside (1B shares O/S for 300M market cap... pps = 0.30 compared to 0.06)
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flaflyersfan

12/12/14 10:16 AM

#70885 RE: tefftb #70882

tefftb, there is no way that PwC or EPGL will give up shares of stock without a guarantee of return. Retiring non-trading stock will not magically make EPGL share price go up or down by any percent.

Good luck.