OTCPK:IVWFF - Post by User
Comment by
99921on Mar 31, 2010 11:57am
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Post# 16944363
RE: March 30 news release
RE: March 30 news releaseWolfhunter - your wish for $1.50 is shared by all. However, as I have posted before, all of these high hope numbers seem to ignore the fact that the company was forced by financial problems to substantially dilute the shares. There will be over 530 million shares outstanding if all outstanding options are exercised. Your $1.50 number would mean an enterprise value of over $800 million. Did you do that calculation to come up with $1.50? I hope you did.