Replies to post #8597 on Manhattan Scientifics, Inc. (MHTX)

[VerminHex]

You still don't get how it works

MHTX owns 54M shares of IBX.
MHTX has 557M shares outstanding.

IBX PPS .17 * 54M / 557M = .0164

MHTX's ownership in IBX is worth 1.64 cents per share. In other words, IBX is built in and you should be jumping for joy MHTX isn't trading at .0164.

Frankly, I'm amazed it's not. It's actually trading above where it was when they owned 30% of IBX. There's lots of stupid in the market these days.

[klarino man]

What popcorn , time for Champagne and Lobster !