More Diana story, from a NUKO geek named Eastmark:
IT IS NOW A COYOTE THAT IS PROWLING OVER DIANA CORP'S GRAVE
(HOW COME NUKO, HASN'T PUBLICLY ANNOUNCED ANYTHING ABOUT THEIR NEW MARRIAGE ?. ISN'T THE NUKO PRINCE HAPPYABOUT IT ?. IT STILL PUTS 1 MILL EACH IN POCKET AT TODAY'S CLOSING FOR KONDAMOORI AND KEDLAYA.)
(HERE IS SOME MORE REASONABLE ESTIMATE OF THE VALUATION)
YOU ALL SEEMED TO BE IGNORING THE EFFECTS OF DILUTION AND THE IMMEDIATE IMPACT OF WARRANTS ON BRINGING THE MKT PRICE OF CYOE DOWN TO $5-$6 RANGE)
OUTSTANDING CYOE SHARES (MILLIONS) 7.0
OUSTANDING 15 MIL NUKO CONVERTED 1:10 1.5
WARRANTS 1.5 TIMES COMMON CONVERTS 2.25
ADDITONAL WARRANTS APPROX 1.25 ?? (ASSUME ATLEAST THIS MUCH)
(OR ELSE WHO WILL PAY FOR DEBTS ?)
TOTAL CYOE SHARS 12.0 MILLION
APPROX STOCK PRICE AFTER DILUTION (WE ASSUME COST OF ACQUIRING AND FEEDING NUKO, TO EQUAL ANY VALUE ADDITION MADE TO CYOE)
ASSUMING A 7.0$ PRICE OF TODAY BEFORE DILUTION IS:
7 X 7/12 = 4.08 /CYOE = 0.40/NUKO
AT 6 $/SHARE IF EVERYONE RUSHES TO SELL SOON, IT IS 6X7/12 = 3.50/CYOE = 0.35/NUKO
NUKO SHARE VALUATIONS AT VARIOUS OTHER CYOE STRIKE PRICES:
5$---> 5 x 7/12 = 3.0 / CYOE = 0.30/NUKO
6$ ---> 6 x 7/12 = 3.50/CYOE = 0.35/NUKO
7$----> 7x7/12 = 4.00/CYOE = 0.40/NUKO
8$---> 8x7/12 = 4.75 / CYOE = 0.47/NUKO
9$----> 9x7/12 = 5.25/CYOE = 0.525/NUKO
10$ ---> 10x7/12 = 5.83/CYOE = 0.58/NUKO
11$---> 11 x 7/12 = 6.41/CYOE = 0.64 / NUKO
(We cant go any higher than 11$/CYOE now.. So does this explain yesterday's stock movement and optimistic closing at 0.61 ?)
THE DIANA THREAD ON SI SEEMS DEAD, SO SUGGEST OPENING A CYOE THREAD ?
CHECK ON DIANA, SUBJECT MATTER ON SI.
======================================================
October 16, 1996
Asensio & Company serves demand on Diana.
Asensio & Company, Inc.'s attorneys have served Diana with a demand to produce a copy the letter referred to in their press release. Asensio & Company has never offered any cash, any fee or any percentage of any trading profits to any analyst, advisor or consultant for any negatively biased or untruthful report on The Diana Corporation or any other company. Asensio & Company's strong sell recommendation on Diana is available for viewing and down loading on the internet at
popdata.com
Asensio & Company is an institutional New York based full service investment banking firm engaged in principle trading, securities analysis and underwriting. The firm only sells short the stock of companies it believes to be grossly overvalued, with no future prospects and very poor management. The firm only shorts stock based on in-depth due diligence and highly factual analysis.
Asensio & Company, Inc. confirms that it has determined that the Sattel switch does not have SS7 capabilities, a hard drive or any other mass storage device, line card processing capabilities, an Ethernet or TCP-IPC port, or graphical Interface, and has a centralized matrix, uses a standard unmodified CPU board and Assembly language. All of these shortcomings make the switch slower and less scalable than its competitors, and incompatible with most modern telecommunication equipment.
FROM ASENSIO REPORT:
(LINK TO: asensio.com |
