CEO Wants 3000 to 4000 minimum pps:
Treble Damages: Statute that permits a court to triple the amount of actual/compensatory damages.
LET THIS SINK IN:
Excerpt from letter to shareholders:
"What are Sector 10’s expectations in a perfect world:
Our investors see a value of $1,000+ a share, and/or Treble.
Sector 10 plaintiffs see Treble Damages and legal fees for the nine years of undue duress.
Standard market compensation of 20% of the profits taken in by all the corporations and individuals who benefited from Sector 10’s technology in the last 10 years."
24 Billion is the amount mentioned. 20 % of 24 Billion is 4.8 Billion.
TREBLE DAMAGES:
CEO is stating he wants 1000pps plus treble or treble. treble of 1000 is 3000. So he is asking for 3000 or 1000 plus treble (3000) = 4000 pps.
500 million would put share valuation at 1,635 $ pps.
1 Billion = 3,270 $ pps
2 Billion = 6,540 $ pps
3 Billion = 9,810 $ pps
4 Billion = 13,080 $ pps
5 Billion = 16,350 $ pps
just some numbers :)
Each day going forward there will be more and more shareholders holding out for their target price pps, a settlement, or the courts judgement.
Less and less shares available as we approach Oct 5th judgement day. There are no shares left, They MUST raise the pps to levels where people will WANT to sell.
I remember when bitcoin was 25 cents and Berkshire Hathaway was 20,000 a share.
Read the case
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