Replies to post #53083 on CBA Florida Inc. (fka CBAI)

[mkendra]

At 1:500 R/S, the current price needs to be (and maintained or higher) 0.008/share to meet NASDAQ minimum PPS. For AMEX, the current price would need to be 0.004/share to meet the minimum requirement.

Add in more A.S., and this pork butt is cooked. Stick a fork in it and turn it over - it's done...

[sfraven1466]

Yes, if you are assuming Nasdaq. Matt said his target was $2, so I think he is looking at the AMEX...unless he has something up his sleeve. A fair valuation of market cap with CC Mexico on the books would be a pps of .0165; this would surpass Nasdaq listing requirements with a very sizeable cushion after a R/S if we ever reached this level. Just something to think about and the possiblities that could present themselves from now until April.

Edit:

Matt Schissler What price or range will the shares be after the RS?

Ans:
again, depends on the price. Our calculations were around $2.00, but there is time between now and then