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Mr Wizard a1a

10/10/08 5:59 PM

#26416 RE: bly03 #26412

Yes, I have heard that the company is worth a worthless shell. Haven't tried to sell any worthless trading shells lately. It may be true. It just seemed a poor reason to invest. Same is true of a pinky that fluctuates 100% on a $50 dollar investment to come up with a market cap.

Maybe the IRP can ask the company if there are better reasons- or not. Since Vinny does not use the blog and there are no investor postings on Paradigm Global's website, maybe the Investor Relations Professional can provide the LONG awaited information. Let's see how many questions are answered. The list is building on this board.
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Mr Wizard a1a

08/17/09 5:58 PM

#41540 RE: bly03 #26412

That was a while ago. I was saying that Paradigm did not look to be worth $200K. It had no products and no sales for over a year. I believed the shell too incumbered by problems to be worth much. Looks like they found Zenergy to take the thing on.

Considering the Paradigm shell was worth $200K with 836 million shares - that's .00024 per share value.

Zenergy has less showing than Paradigm - never had any sales, no distributors, etc. Figure the shell is worth $200K as some suggest and there are 500K shares, that makes each share worth .0004 each.

This is the reverse of simply multiplying the OS by the PPS to get market cap. Bottom line, an interesting find. Thanks!