Replies to post #50578 on Bitzio, Inc. (fka BTZO)

[jobynimble]

No doubt...

[OTCDEMON2]

I try telling us all...we are ALL in this togerher. Lets make money and live HEALTHY lives...cause health is wealth...a million dollars cant bring you back from a coffin...everyone should take that advice.

BTZO

[Harry Winston]

A few minutes ago, you asked me for my opinion of this stock.

First, my opinion of this stock is only appropriate for this board.

Second, it appears that the highest price of this stock during the past four years was 2/10ths of a penny. That's pitiful.

Third, if this company owns 80% of Greenshift, and if Greenshift has a higher stock price than Bitzio, then in the minds of the investing public, Greenshift must have more present value than Bitzio.

If that is true, then let's do some simple arithmetic.

GERS + (the rest of BTZO) = the total value of BTZO.

The conclusion I draw from this possibly oversimplified arithmetic is that whatever other assets Bitzio owns must have even more negative net worth than Greenshift.

[Harry Winston]

If the simple arithmetic I showed you earlier ...

GERS + (the restof BTZO) = BTZO

... isn't accurate, perhaps I should have added Bitzio's liabilities, which are always expressed as a negative number.

GERS + (BTZO's other assets - their liabilities) = BTZO

Since GERS stock is priced by the market as a multiple of BTZO stock, I'm guessing that Bitzio's liabilities must be a multiple of Greenshift's assets.

This is just a guess. Both sets of shareholders may (or may not) get some news on the 14th. I think it's likely that we will, but I'm prepared (with buy orders for GERS stock) in the unlikely event that bad news comes out of that courtroom.