RE: Boys & Girls - I must say...after the first run to 90 +/- cents int retreated and sat near 40 cents for a fair bit of time.. it had 125 million shares out so was "valued" at 50 million cdn $.
After much fanfare they had an injection of 28 million $ and bought a few companies/items along the way.. they also diluted to around 225 million shares.. so 78 /225 = .35 now they have dished out 27 million for sas and with other spending probably have less than 20 million in cash left and now somewhere close to 300 million shares floating around.. 20/300 -=7 cents.. so that is my take of what this is worth in CASH. he rest is for
user numbers, advertising income, speculation etc.
i have no idea how they plan to explain to the 1.20 buyers that they have lost most of their money and the 4.00 warrants might as well be smoked .
i have over 150,000 shares of this(at 1.35) and wish i had NOT ignored pumper killer. he was the only correct person here.
i cannot see this stock going back up very quickly barring a miracle.. there are probably a lot of people stuck like me who will just sell to get even.. or even close is good enough for me.. one of these days some very upset investor will walk up to one of these short banker traders in toronto and !!!!!!!!!!!!!!!!!! him/her too bad i live so fat away.
going to be a nice day today.. time for some salmon fishing.
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