GREY:SNIOF - Post by User
Comment by
hedge8on Dec 23, 2015 3:56pm
296 Views
Post# 24409513
RE:RE:RE:RE:Sailor
RE:RE:RE:RE:Sailor
Sailor - Funny (not really), but I bought a chunk at .01 and have bids at .005 as well. I guess we'll find out how much the patents are worth. Obviously Routheir is comfortable that after the patent sale there will be money left over for shareholders, or else he wouldn't have put up the $100,000.
But how much will they get for the patents? If they are worth .13-.42 that implies $13-42 million roughly. Will they get $5-10 million? Would that imply a .05-.10 valuation on pure liquidation? If they get a few million does that give them cash to get to get out of creditor protection and another shot at getting to cash flow positive on the 3DGO business if the Christmas holidays are still strong for 3DGO sales as everyone expects? Or what is the plan there? I have no idea. Sounds like the shares aren't worth zero at least...