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Gold/Mining/Energy : Capital Alliance Group - CPT (CDNX) -- Ignore unavailable to you. Want to Upgrade?

To: marcos who wrote (215)	4/3/2000 2:44:00 PM
From: John Powell	Respond to of 960

And again that is just SEG alone!

To: marcos who wrote (215)	4/3/2000 3:02:00 PM
From: keith massey	Read Replies (1) \| Respond to of 960

We're in way under the seed capital, muchachos LOL . . . good way to think about it. Forget the cash ($19 mill), forget CIBT's potential, forget their other projects, we are in lower than the seed capital round for the GEM IPO <gggg> The stock is sure not reflecting the news but I guess in the biggest point loss day in NASDAQ history what should we expect. This one is not a quick flip and I will continue to stand by my initial stance that I don't plan to sell any shares until at least the GEM IPO (or healthy double digits) and am going to be a dip buyer until that time . . . . feel free to hold me to this statement. Best Regards KEITH

To: marcos who wrote (215)	4/3/2000 4:00:00 PM
From: Crazy Canuck	Respond to of 960

>>So if 22% of SEG is worth 15.486 millions canadian [10.86M$US times 1.45] then each one per cent of SEG is worth $703,909.09 canadian ... cpt retains at this point 78% of SEG ... 78 times $703,909.09 equals $54,904,909.09, which, divided by the 8 millions outstanding, equals $6.863113636 value for SEG per cpt share. We're in way under the seed capital, muchachos. [edit] - yes, John, that's ignoring the value of CIBT<< Adding to your comments, let me emphasize that your calculations were done using the values assigned from the first round of financing. So again, your $6.86 value (for SEG per CPT share) is based only on the seed capital price. However, I think it is important to point out that if the next round of financing of US$40 million is being raised before they IPO (for ~27% of the company) then it could be argued that your price target of $6.86 value could be four times this number. Yup, it sure is nice to work these numbers. Crazy Canuck Oh yes, and of course . . . this is excluding the cash they have now, the value of CIBT, and any expectations built into the price when SEG goes to their IPO on the GEM.