he's sitting on approx. 17 percent. let say he will creep up to 19.9 percent.
Working on sp of 4 cents.
giving market cap of approx. 15 million.
the other 80 percent will cost 12 million.
Even he is not in a position to fork out 12 million ,
banks are happy lining up to lend most of it.
Taking it private, he can do what he wants, no need to pay share registry, AXS lising, meetings.
Even an idiot will be pondering the possibilities. We don't know the real income potential
of the thing, only they knows.
September quarterly, page-40
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