I truly believe 0.10 could be a very low number. 0.50 to a 1.00 I believe IMHO is a very real number to be looking for. 2.00 would be a high number unless some really awesome hard assets are included in the merger. Hedge funds have been known to reach huge dollar value. We really just don't know yet what's really going into this shell. Yes, I have read the same reports as you have. I don't believe they have "let the cat out of the bag" as many may actually believe. We shall see in due time.
I have been following this since the very early stages of the RM. It seems some of the key elements of the DD has been forgotten since the first start of its course to being a merged company.
This is a very, very clean shell. Even though the purchase price doesn't reflect it in this case shell's this clean are worth around a million dollars. Look it up as part of your DD. You can find what a "clean shell means" and what they are worth. What they say they sold this shell for is pennies on the dollar in comparison to what its really worth. As we all know... they are not going to just give away a shell without a plan to make money with it. Insiders own huge amounts of the open shares. You better believe they have plan to protect that investment!
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