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CEOs

03/26/14 8:48 AM

#12746 RE: VVVVVV #12743

Oh? How much more than 886,036,000 shares are o/s now?
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GTCar

03/26/14 1:54 PM

#12755 RE: VVVVVV #12743

VVVVV, you are absolutely right, I have considered this but although I would be fine with it and I will explain this, I don't think it would happen to any great extent, on the BOD CC, I think it may have been Sawyer who said he did not feel that would be the way to go because it provides the most un certain outcome.
With that said, lets look at how that could unfold.

The BOD decides to monetize so they authorize say 100 million shares, this takes us to 986 million outstanding, this is approximately an 11% dilution but it yields the BOD 20 million dollars to start, if they then won infringement with RBR only against one major party, a lot of VOIP providers come to the table in an attempt to license the IP. lets say they get to even 100 million dollars of annual revenue, not really that big of a number in todays environment, we then get at a clearer look at what these assets are really worth, considering the PE ratio on average of the S&P 500 is 18-22 times, we then can put a value on VPLM of 1.8 - 2.2 billion dollars, that is a completely acceptable number for me and probably most of this board.

The only problem with that scenario is it takes more time, not an issue for me but apparently an issue for some...