Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed -- Ignore unavailable to you. Want to Upgrade?

To: jhild who wrote (8134)	8/11/1998 2:52:00 PM
From: Jetter	Read Replies (1) \| Respond to of 11684

I think you misunderstood what I was saying... The price they paid for the land was the price that the stock was trading at when they transfered the stock for the land... It is in no way a floating deal where the value of the land is based on the daily fluctuations of the stock price... If the stock was trading at $.75 when they purchased the land, then that is the price they paid (50mm shares x $.75). For the deal, you have to use the price the shares were trading at when the deal was done... ~Scott