Replies to post #655 on Galaxy Nutritional Foods, Inc. (fka GXYF)

[zsvq1p]

More on what this company is worth...

1) Total current assets $4,308,039 less current liabilities $2,926,381 = $1,381,658
2) RELATED PARTY NOTE PAYABLE (Deluca) $2,683,815
3) short-fall payment could exceed $6,400,000

Total = $1,381,658 - $2,683,815 - $6,400,000 = (7,702,157)

17,110,016 share outstanding

so...

 
 Sold for	Debt	total	17,110,016 
 $8,000,000	$7,702,157	$297,843	$0.02 
 $10,000,000	$7,702,157	$2,297,843	$0.13 
 $11,000,000	$7,702,157	$3,297,843	$0.19 
 $12,000,000	$7,702,157	$4,297,843	$0.25 
 $13,000,000	$7,702,157	$5,297,843	$0.31 
 $14,000,000	$7,702,157	$6,297,843	$0.37 
 $15,000,000	$7,702,157	$7,297,843	$0.43 
 $16,000,000	$7,702,157	$8,297,843	$0.48 
 $17,000,000	$7,702,157	$9,297,843	$0.54 
 $18,000,000	$7,702,157	$10,297,843	$0.60 
 $19,000,000	$7,702,157	$11,297,843	$0.66 
 $20,000,000	$7,702,157	$12,297,843	$0.72 
 $21,000,000	$7,702,157	$13,297,843	$0.78 
 $22,000,000	$7,702,157	$14,297,843	$0.84 
 $23,000,000	$7,702,157	$15,297,843	$0.89 
 $24,000,000	$7,702,157	$16,297,843	$0.95 
 $25,000,000	$7,702,157	$17,297,843	$1.01 
 $26,000,000	$7,702,157	$18,297,843	$1.07 
 $27,000,000	$7,702,157	$19,297,843	$1.13 
 $28,000,000	$7,702,157	$20,297,843	$1.19 
 $29,000,000	$7,702,157	$21,297,843	$1.24 
 $30,000,000	$7,702,157	$22,297,843	$1.30 
 

[trade2much]

Giff yep the worth is definitely what is important, hence why I have asked that question several times of Veritas and you, trying to get a feel for it. Thus far the water is so murky that many folks don't know to buy or to sell. lol