Post by
scottcarr on Mar 25, 2009 1:56pm
Do the math, $200 million+ company
If we survive here and get our debenture $$ from our new CFO the repayment is scheduled to be in stock valued in 2012 at $50 per share. Today it costs 20 cents. Since the planet desperately needs this technology, this seems like a reasonable gamble.Wish I could grab more, buying 2% has cleaned me out till the results are in.
The repayment shares were recently issued and are not available to the public. The officers and directors have MANY shares and are generally not for public trading. Leaves only a relatively tiny number of shares to trade with which is a good thing if we suddenly gain popularity.
Good news today, but hopefully just a preliminary. Stay tuned to this one!