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Microcap & Penny Stocks : Leah Industries, Inc. (OTC-BB-LEAH) -- Ignore unavailable to you. Want to Upgrade?


To: R.E.B. who wrote (113)6/18/1998 3:22:00 PM
From: Andrew H  Read Replies (1) | Respond to of 2153
 
>>and you add 600 million to your balance sheet for only 120 million purchase (and that purchase was made with stock valued at $10 per share)<<

The way I look at it, you add the 600M for only 18M, not 120M, since one is currently able to buy the stock for 1.5/share and not 10/share. Actually, I paid less than 1.5