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NioStar

02/17/10 7:25 PM

#76611 RE: Carnac #76607

Could it be 6.5 Million is BEHL's cost to develop 10 PBR's

Then sell them @ 1 million each ( 100K (ea) x 10 Acres ) for a 54% profit ?
54% is in line with their past statements of 50% profit

6.5/ 100 as 10/ x