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chem8

07/15/11 1:13 PM

#66730 RE: fuller11 #66728

Justavoice, who generally knows what's what, calculated it at $.043/old share.

Madclown

07/15/11 9:53 PM

#66736 RE: fuller11 #66728

The answer requires that a number of assumptions are made and some of the facts are unknowable as of now. However, given the following assumptions the economic value of the next distribution would be approximately $0.055 per old CEMJQ share:

Assumptions:

Stated Value of Distribution (based on plan value): $10.6 million
Distribution allocation: 15% cash 85% CHMT stock
Plan Value for CHMT stock: $13.45
Current Market value of CHMT: $17.76
Old CEMJQ shares: 243 million;