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Value_Investor

08/11/15 9:33 PM

#16113 RE: mymonies #16107

Wow, 9.5M shares at about $0.002842 per share cost is about $27K! If you do any average down to lower the cost base then you can easily make even or make gain: say you buy $27K worthy shares at 0.0002s (135M shares) which will bring the cost base down to $0.0003737. If you buy all of them at 0.0001s then the new cost base will be $0.0001932.

Anyway the $0.01 per share dividend is impossible because MFTH needs $10,402,868.53 cash to pay out all the common shares! The sister stock SAFC worth only $4,281,250 at its record high $0.0195 per share.

Value_Investor

09/15/15 12:00 PM

#16125 RE: mymonies #16107

How about liquidating all the MFTH shares then use all the proceeds to buy the sister stock SAFC (up 16.67% so far with only 113M/219M shares FIXED Tiny float/OS) to recover the losses here? Anyway 21M x 4M now. It seems MFTH won't decline to "no bid at all" and we should see 0.0003 very soon...