EarthLabs Inc V.SPOT

RE:RE:RE:This quarter

[Snidely]

There will be about a $7 million gain added to the books in this quarter due to the valuation of GPM in the last raise.  I think the prior raise was done at $.50/share, so the increase up to $.90/share will causes a huge jump in the valuation amount of Goldspot's equity ownership.  I ran the exact numbers back when the GPM financing was announced.  Let me look for it in my files and see if I can find it.

HenoftheWoods wrote: CompoundX -- Could you clarify? Golden Planet is already on the books and valued at 1$/share as per last private financing. If you're talking about them going public, I believe SPOT said likely before end of year, but could also be early next year.