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imiloa

07/02/09 1:08 PM

#159675 RE: sutra #159674

The 0.50 to dollar range was a musing of Jared at some point. As I recall, he was speculating on the future worth of the company if they drummed up significant business. With the OS at 2b, $3/share would mean a $6b valuation, which is simply absurd at the current dev phase.

0.10/share would be $200m, a much more feasible range.
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upontheedge

07/02/09 1:14 PM

#159677 RE: sutra #159674

Jared implied that when asked what he thought the company
was worth during a CC. Hey I wish everything was as good
as we all believed in March and April. You can make money
trading this stock if you can pick an entry point but
does anyone really know how stable the company is? I
mean you could have a massive lawsuit or SEC investigation
or the company could go bankrupt and you would never
know it from the way the company hides everything.