AUMYE Message Board - Msg: 10978065

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Non-Tech : AUMYE

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To: Y-fall who wrote ()	8/17/1999 1:11:00 AM
From: Chris Lords	Read Replies (1) of 16

AUMYE WOW! i didnt think a stock with a huge float like this stock would move so much, volume 60million, which is a lot of volume but surprised so much went into it, the news was great but, im sure there would be more skeptics than buyers. Anyways i enjoyed the alert from rocketpick.listbot.com Pick up a few at .03 and again .038 on the dip. hope this Materializes! Some Speculation: Positive capital offered a win win (at least for them)to AUMYE. Spin off Talisman as a NASDAQ IPO. Doing this will reduce the excessive number of shares of AUMYE outstanding by consolidating a large number into a separate entity (Talisman). AUMYE turned them down flat. To put pressure on AUMYE, Positive Capital issued the press release. The 11.8 million shares of Talisman that would be issued at 1 for every 13.5 shares of Talisman just happens to equal the publi float of 160 million (go figure). The 0.148 premium is not an amount that will be paid for the shares, stock holders will get to swap for Talisman shares. The book value of Talisman is estimated at 0.168/share (if my math is correct this is 160 mil X 0.168 = 27 million bucks). This would put the book value of Talisman at $2 for each of the 11.8 million shares that will be issued upon conversion. Positive Capital then turns Talisman into an IPO on Nasdaq at $10-$12/share (price indicated by J. Bradley and not unreasonable for a company with a book value of $2/share). This means that if all this is pulled off then each share of AUMYE stock could be sold for 1/13.5 * 10 = 0.74/share.

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