Gump take a look at this..
Here is a post from the RB that I thought was interesting followed by my own reply to it.
By: flawadira
02 Sep 2004, 11:50 AM EDT
Msg. 75920 of 75958
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CMKX valuation....$400B
per todays PR...
$10,000,000 cash +200,000,000,000 billion shares of SGGM@0.10
= $20,010,000,000
SGGM gets a 5% stake of CMKX for this transaction..
therefore
CMKX VALUATION = $20,010,000,000 / 5% = $400B DOLLARS
now i have one and only one question...
WHY all the bashing ?!?!?
FLA
(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)
Now here is my input;
By: want2b2rich
02 Sep 2004, 12:20 PM EDT
Msg. 75941 of 75958
(This msg. is a reply to 75920 by flawadira.)
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flawadira; At $400 billion and 800 billion AS that comes about to $.5 PPS on pure value (if all the AS was authorized) without any other pricing factor. Now remember when UC said that the PPS of CMKX should be around 50-60 cents with out factoring in the NSS covering?