InvestorsHub Logo
icon url

LOL

01/29/07 2:48 PM

#31390 RE: WinningTrade #31386

First of all, your math is wrong, with those numbers it would be 71c, but...You know as well as I do that you cannot use the 140 million OS number, LOL. According to you, FCCN shareholders will have 15% ownership, that means the Aero shareholders get 85%, so at the very least your looking at an OS of around 1 billion. As of right now, there are over 900 million OS, and that's without 1 share going to Aero yet. If you're going to put out numbers, at least be honest in your evaluations. I'm ok if you use a billion OS in your math, which would come to 10c PPS, still 400% from here, pretty good, but that's only if the FCCN shareholders really get 15% ownership. This FCCN management has made a lot of mistakes, so when I see everything in SEC forms I'll believe it.IMO
icon url

Charlie48

01/29/07 2:49 PM

#31391 RE: WinningTrade #31386

Greenie-I think you need to factor in the post merger OS which will be more like 2.5 billion shares.
icon url

banchrima

01/29/07 2:50 PM

#31393 RE: WinningTrade #31386

Pardon, MTG, but 10M profit : 140M O/S = 0.0714 x 10 = 0.714 pps!