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Arnie1

04/23/19 11:28 AM

#29322 RE: rrao11 #29319

rrao11: Here is my simple analysis based on simple math, CHI is valued at $1.00 per share and LLBO owns 37 percent of every dollar of CHI per share, which is equal to $0.37 per share of CHI! When CHI goes for an IPO of $10.00 per share; likewise the valued of LLBO will be $3.70 per share based on CHI IPO of $10.00 per share. That''s why my initial sell of 1M shares at $4.00 per share was based on the LLBO $3.70 per share!