< I talked to him the other day.>
By him, I assume you mean O'Shea? But there are two companies looking to merge into the shell?
Okay lets get this straight:
82MM o/s market cap about $2.2MM
What's a shell worth? $250,000, max IMO, but lets stretch that to say $300,000, no lets go all out and say this is a beauty, worth $500,000 as a nice round #. Hmm, no matter how I work it, the stock should be below .05.
What makes this shell, sorry empty holding company, better than any other clean one, or worth, .027?
Accumulation is still on my mind, but I'm thinking $Mogul is right, and accumulation, much lower, might not only be wise, but very probable. |
