Great news. Here's some straightforward math.
iHub lists the market cap of ECGI as $13.72MM
This deal involves, in part, "buying 20% of ECGI for $4MM". If 20% is worth $4MM, then simple math says 100% is worth $20MM.
It would take about a 50% rise in price for the cap to go from $13.7MM to $20MM. That would get us into the .18 to .20 range in share price.
Actually, we should look for more than that because the Hong Kong group is undoubtedly looking to make money on their 20% so they have to think ECGI is worth more than.20
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