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Non-Tech : MILLIONAIRE. COM........( MLRE )

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To: autocard who wrote (1227)1/6/1999 4:36:00 PM
From: Bear Down  Read Replies (3) of 2664
 
First of all Mr Autocard, You obviously spent the $200 to join SI just to come here and promote MLRE. So my first question to you is are you being compensated?? If so how much?? If not, do you agree with this evaluation of MLRE

Market cap ~8.5 million shares x $12= $102,000,000

value of Millionaire Magazine< $1,000,000 call it - $ 1,000,000
cash from 2.50/share financing - $ 4,500,000

domain name millionaire.com + business plan plus Rusty Whit, must be worth 96,500,000 because thats what this market vvalues it at....seems a little
overvalued to me...

a footnote: I intentioonally left out New Orleans auction gallery
because no terms of the agreement were release on other than 7.2 milll
price tag, since they don't have the cash, I would have to figure it is a cash/stock deal....And I have no way of knowing what furthur dilution has been done for this deal.

Do you agree??? Do you know of any other assets??
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