Replies to post #167783 on Encounter Development Technologies Inc. (ENTI)

[cashclan]

Well...


$29.91 X 54 Million Ally shares formerly (GMAC) = $1.61514 Billion plus

$275,000,000.00 in assets sold to Ally from Zecco and then acquired by Ally out of the Zecco/Tradeking merger = 1.89014 Billion

Lets call Shorts... 9 million with certs and a 90 million Liability...

1.89014 Billion plus $4.3 million J105 ENTI value = $1.89444 Billion

1.89444 Billion - $90,000,000.00 = 1.8044 Billion / 500 million shares

$3.60 per share base...

.01 X 333 = $3.33 ...

I am guessing the market has some Sliced Baloney to pick up 1st ... But then I don't believe pick up is anywhere close to .01 per share if Ally is at $29.91 per share

29.91 / 333 = .0898 per share .... Margin Call is .10 on those 9 Million shares