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Microcap & Penny Stocks : GCDV -- gcdv -- Grace Development Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Lucky888 who wrote (11)6/18/1999 1:56:00 PM
From: Alan Boyd  Respond to of 53
 
Good work Lucky888
IF New Millenium Multimedia is worth $2 million as Mr Barrocas claims, and current business of GCDV is a big nothing, does this simple math apply (roughly)
Value of GCDV= 0
Value of NMM= $2 million
Shares outstanding= 7 million
$2M/7M= 28cents/share
even giving GCDV a small value (goodwill perhaps?) still makes the value of the company sub $1 easily.
Can't wait for Truthseekers report, did excellent one on XDSL.


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