Replies to post #61203 on Value Microcaps Motherboard

[MikeDDKing]

erehwontim, re: ZNCM....

ZNCM is selling 1M shares of their UPG stock in the offering and will own roughly 40% of UPG post offering. Also, the share count is different between the two companies so you can't say that you are turning a $2 stock into a $7 stock.

You may want to read a post that I made a while back on ZNCM/UPG. This post is as follows:

http://www.investorshub.com/boards/read_msg.asp?Message_id=14348839&txt2find=zncm

My opinion is that ZNCM is worth more like $2.25 - $2.35 assuming that UPG trades at $7. However, who knows where UPG will trade after the IPO.

Mike