Dave, LOOK at this...This was over on Raging Bull...I hope it is accurate! Gordon
Ok, here goes!
I read read the Ranzo report and at the end in the asset model it showed who else TSSW is invested in:
1. TSSW own 100,000 warrants of Entertainment Blvd (public company)with an exercise price of $1, currently valued @ $4.
2. TSSW invested $650,000 in Partsbase.com with a cost basis of $2.50 and a projected IPO price of $14. Estimated value @ pricing is $2,912,000.
3. TSSW invested $510,000 in Supplyaccess Inc. with a cost basis of $1.50 and a projected IPO price of $20. Estimated value @ pricing is $5,400,000.
The project sum of these companies at current (entertainment blvd) and IPO priced for the other two is $8,352,000...or by my calculation almost a 7 million dollar profit.
Looking good folks |