Replies to post #4389 on CSMG Technologies, Inc (fka CTGI)

[rational_trader]

You are not that dumb, aren't you, Jagman ?

1,413,232 mcf = 1.413 billion of cubic feet, (m here stands for thousand), which is 0.22 mil boe of oil, so their total proved reserve is 0.22+0.88 = 1.1 mil boe, the mkt value should be $14X1.1 =$15.58 mil, their mkt cap, using $6.77 share price and 8.5 mil OS, is $6.77 X 8.5 = $57.5 mil, way over valued if you only consider the proved reserve. Wake up, sell your going nowhere fpp and buy ctum !!