jgstockhunter, with your BLDV valuation assessment...
No problem at all. That's why I said to use the "Substitution Property" to make any changes that one might deem necessary to fit their own logic.
I'm definitely not the expert on such matters and I hope things didn't come across as if I am. Still, take those numbers and cut them in half if you like as a "worst case scenario" and use the "Substitution Property" and I think you should still get my main point which is that BLDV will prove to be "significantly" undervalued.
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