Wrong on every number.
The most significant fact is for each shareholder to do their own due diligence.
Choosing those out-of-context numbers is ludicrous. Particularly when your first data point to infer valuation was approx $31,000– and that was the amortized disclosure number.
The asset value of the purchase was $995,500
Remember my last post? The deal began in 2010 and was concluded in 2012. The purchase price was a derivative calculation , based on 4x net profit of $57,902 or $231,608, payable in Preferred Shares.
Read Filings and Updates .