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bag8ger

10/15/04 11:47 AM

#18176 RE: frogdreaming #18171

frog,

Is this a form of puberty you're going through?

Are you bald and trying to get hair to grow?
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gunnabeoneday

10/15/04 1:01 PM

#18180 RE: frogdreaming #18171

Frog...man you're really trying.


300 mill out of 1.5 bill = 20% dutchess ownership of dnap if they hold all shares and outstanding is/remains at 1.5 bill.

Biofrontera market value has been set to approx. $50mill based on the $25mill dnap is paying. Doesn't matter how/when they pay. I believe you've said the pps is only worth what someone is willing to pay. Well, dnap is paying $25mill for a little over 50% ownership. Thus the free market forces have clearly defined Bio's market value.

So...dnap market value approx. $10mill (rounding down). Bio M.value = $50mill.

Thus, dnap's new market value = $10M + 25M (50% of Bio) = $35M.

Dutchess @ 20% = $7M
80% bal of dnap shareholders = $28M.


But, everything revolves around the pps and how many shares Dutchess ends up with. And LJC for that matter. And to think Dutchess is ponying up $35M....and people don't believe they've seen something we haven't.....


As quick as I threw this together, I'm sure i've twisted something and look forward to everyone's review/input.


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Miss Scarlet

10/16/04 10:24 AM

#18237 RE: frogdreaming #18171

Froggy ~

I'm a bit late to the discussion, but I just wanted to say a couple of things.

a) None of us know how this will all pan out.

and

b) People who currently have mortgages and/or car loans, etc. do not yet own these items free and clear, however, the lenders don't want them either. They just want to make money in exchange for someone realizing their dream a little earlier.

Warm regards,