NuOasis (NUOA) formerly NONA Message Board

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Microcap & Penny Stocks : NuOasis (NUOA) formerly NONA

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To: Currency who wrote (514)	10/23/1998 4:24:00 PM
From: Theodore G. Gresch	Read Replies (1) of 1622

Kevinl, Your math is not accurate. International owns 8 million shares of FXWA. If NUOA owns 70% of International that would mean the stock would be worth $27 million after a 20% haircut (GAAP rules). NUOA's share of the notes are worth $126 million. Combined the stock and notes are worth $153 million or $2.35 per NUOA share. Ted

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