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Microcap & Penny Stocks : Brisio Innovations Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Topdog who wrote (1941)4/27/2016 11:30:40 AM
From: kidlRead Replies (1) | Respond to of 1952
 
I am trying to figure out why anyone would pay $0.10 or more per share.

My back of the envelope gives me a rough value of $1.1 Mil for BZI's equity holdings. Assuming a zero cash balance this works out to just under $0.04 per share.

In other words, these investments would need to increase by 150% to justify the current valuation.

What am I missing here???



To: Topdog who wrote (1941)4/27/2016 11:40:59 AM
From: WorthaDeeperLookRead Replies (1) | Respond to of 1952
 
Paul is not taking a salary so there is no draw down other than standard office expenses.
They paid 90,000$ in management fees in 2015.


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