DOCU shell update...
7/21/2000: Spoke to CEO Bob Schwartz 518-786-7733
today. He is looking at presenting the board with
his reverse merger candidate in early August.
Below, I have compared the Market Cap of DOCU to four
other shell companies that have recently announced
letters of intent for a reverse merger.
SYM SHARES ASK MARKET CAP
OUTSTANDING PRICE (On Ask Price)
----- ----------- ------ --------------
SHPS 19,997,160 1.7800 $35,594,944
LAMT 2,775,100 4.8500 $13,459,235
MMDI 13,700,657 0.3000 $4,110,197
BDRY 3,056,343 0.5938 $1,814,856
----- ----------- ------ --------------
DOCU 4,200,000 0.3000 $1,260,000
DOCU has NOT announced a letter of intent. IMHO,
DOCU's current market cap of $1,260,000 has the
potential of reaching $1.8mil - $35mil when an
announcement is made. Below is DOCU's possible
share price at different market cap values:
Market Share
Cap Price
---------- -----
2,000,000 $0.48
3,000,000 $0.71
4,000,000 $0.95
5,000,000 $1.19
7,500,000 $1.79
10,000,000 $2.38
12,500,000 $2.98
15,000,000 $3.57
20,000,000 $4.76
35,000,000 $8.33 |
