RE: RE: RE: RE: RE: RE: Dangling carrots - time to You post with conviction and as interested I would be as to your valuation model, I won't waste your time or mine in how you arrived at 0.35 with a standard deviation no less...impressive. I don't recall identifying a specific buyer for my shares at 0.19 and that number was only used as a reference to Rallard's post. Clearly market value today was 0.075 which does not require a valuation or any sophisticated calculations.
Thanks for the education johnale, but I think I am not in a position to benefit from the lessons you have to preach. I am more interested in monetizing my position whether at 0.19 or 0.35 +/- 0.05, I am just looking to turn a profit, one that based on time value, reflects something more than inflation.
If you have some advice on that topic I would be an attentive audience.
BTW, options and warrants do not entitle the holder to voting rights, etc.. until exercised so to say he controls 27.8 million shares is a little misleading. Those warrants and options are worthless depending on the share price so yes he has a lot to gain but his downside is limited to the shares he actually owns. Don't misinterpret my clarification as criticism as I am resolved to the fact this is how management is compensated in the small-cap arena. I would be remiss if I did not suggest an offer of 0.19 would likely not result in a windfall someone with warrants priced at 0.15 would likely be hoping for...but that inference is clearly based on little if any fact.
I would run it once on the river if I was free rolling like Frank so I don't fault him for his creative strategies, but I think retail shareholders should consider what is really at risk. We just got 4-bet in our BB...fold would be the right play but when offerred a chop, that's charity that can't be ignored....how's that for a poker analogy Pear.
jmo..gl.