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Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46
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To: Stephen Goldfarb who wrote (4308)8/20/1999 12:27:00 AM
From: bottomfish   of 5541
 
So in reference to MVEE , if we know the actual shares out standing after the merger we can determine present new book value of this stock. Total assets divide amount of shares equals book value. I know this is only one indication what this stock is worth. I believe this stock is now trading close to present book value. Of course true value is determine by the market. If I have some thing in high demand, but low in supply, price will rise. This is why we need to know how much this stock is diluted.
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