JB, understand that I am not a high rolling busine
Post# of 17862
Posted On: 06/30/2014 11:23:17 PM
JB, understand that I am not a high rolling businessman and this is just my opinion from an amateur.
I am assuming the A/S and O/S is higher than 25billion/21billion now. Those were the numbers reported as of the end of march. I believe when the 2nd qtr is reported there will be an A/S-O/S of 35billion/32-33billion. If that turns out to be the case that means there is more than 3 times the amount of shares out than there were at the beginning of the year. to buy back, even with a share price of .0001, will cost $100,000 per billion shares. If they are pulling logs and generating revenue I can see the price running 0003-.0005. That means $300,000-$500,000 to buy just one billion shares. To me, the math doesn't add up. I just don't see where they would be able to buy back 5-10 billion shares.
So, my thinking is, hopefully, they do starting pulling logs in the next couple of weeks and get income going and making a profit. If they do that, then they do a, say 1:100 R/S then:
A. The O/S goes back to around 320 million shares with a share price of around .05.
B IF they are showing a profit when they doing this, say qtr 3 report, I think the share price will actually move up from there because they are generating a profit.
Remember this is just my opinion and it is heavily dependent on them starting harvesting and generating a profit within the next 2-4 weeks.
Now, suppose they are doing that. I would think that as time goes on they should become more profitable because they should get faster at harvesting. Also, hopefully they can parlay this concession into a second one in a year or two, increasing revenues and the share price.
So, to sum up, I think if they do this right and DONT SCREW UP, our share VALUE, reguardless of the O/S, has the opportunity to be maybe a 10 bagger by year end, 25 bagger in two years.
But, their back is against the wall, they cant screw up anymore, and delays must be short.
Sorry for being long winded. Hope this answers you.
tex
I am assuming the A/S and O/S is higher than 25billion/21billion now. Those were the numbers reported as of the end of march. I believe when the 2nd qtr is reported there will be an A/S-O/S of 35billion/32-33billion. If that turns out to be the case that means there is more than 3 times the amount of shares out than there were at the beginning of the year. to buy back, even with a share price of .0001, will cost $100,000 per billion shares. If they are pulling logs and generating revenue I can see the price running 0003-.0005. That means $300,000-$500,000 to buy just one billion shares. To me, the math doesn't add up. I just don't see where they would be able to buy back 5-10 billion shares.
So, my thinking is, hopefully, they do starting pulling logs in the next couple of weeks and get income going and making a profit. If they do that, then they do a, say 1:100 R/S then:
A. The O/S goes back to around 320 million shares with a share price of around .05.
B IF they are showing a profit when they doing this, say qtr 3 report, I think the share price will actually move up from there because they are generating a profit.
Remember this is just my opinion and it is heavily dependent on them starting harvesting and generating a profit within the next 2-4 weeks.
Now, suppose they are doing that. I would think that as time goes on they should become more profitable because they should get faster at harvesting. Also, hopefully they can parlay this concession into a second one in a year or two, increasing revenues and the share price.
So, to sum up, I think if they do this right and DONT SCREW UP, our share VALUE, reguardless of the O/S, has the opportunity to be maybe a 10 bagger by year end, 25 bagger in two years.
But, their back is against the wall, they cant screw up anymore, and delays must be short.
Sorry for being long winded. Hope this answers you.
tex
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