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Microcap & Penny Stocks : The Microcap Kitchen: Stocks 5ยข to $5 -- Ignore unavailable to you. Want to Upgrade?


To: GARY P GROBBEL who wrote (99608)9/10/2010 1:54:42 PM
From: rdb7  Respond to of 120415
 
WNCH, read today's 8k and then read it again... 'if' i'm reading it correctly:

their valuing the shares at 25% of the mineral value in the ground or $5/share

and current shareholders still retain value in 51% project prior to this merger.. spinoff or other avenue maybe

pretty sure share count is incorrect in 8k vs last 10Q

8k list as: 75,000,000,000
10Q has it as: 75,000,000

i'm in .55-.60 fwiw