RE: RE: RE: Spin offI do not agree with the logic of these numbers you present. New investor will throw in 20M for approx. 10.5% share and thus the 210M valuation. No matter how you slice it, the share price should be at .67 based on this announcement, and based on the Ortsbo deal alone, with out factoring other company assets, variables and potential. Maybe the fact that there is little specific information and the proposed investment/ spin out is making the market hesitate. Once details firm up, so will the share price. I like the fact that this was stated as a minimum valuation. The viral user numbers can change things in a hurry as final details transpire.
I do agree with your comment that at current prices it's pretty much a free lottery ticket! Hold Firm and add if you can or dare!!