Replies to post #21861 on Green Leaf Innovations Inc (GRLF)

[coleman48820]

Why would you think this should be at .0001 ?

Shares Outstanding 444,887,086 a/o Mar 31, 2010
that would put gdsm at a market value of ( with 60m preferred converted 1 for 1 ) ( 504,887,086 x .0001 ) $50,488.71

GDSM currently owns 14,570,431 shares ( MXMI )after the dividend distribution. Current value at $ .016 = $ 233,126.90

Now $ 233,126.90 / GDSM os = $ .00046 per GDSM share

this does not account for any other value

The Company has incurred losses that can be carried forward to offset future earnings if conditions of the Internal Revenue Codes are met. These losses are as follows:
Expiration Year of Loss Amount Date
2008 and prior $ 9,979,594 2028
2009 51,524 2029

Gold Coast has recently secured 2 joint venture opportunities, the Oro Cache Mine and the Eagle Mine. Gold Coast is a 50% revenue sharing joint venture partner in both projects.

http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=32219

IMO any sale under $ .0005 is undervalued