Sorry to ask for further clarification, but could you enlighten a "DUMBO" like me what you mean by your heading. The $6.5 M cash in the "coffers" I understand but I am having trouble with the 65M shares part. If you are saying that the major "insider players" hold 65m shares and that these at market value constitute $x, added together give a per share backing of $y which we should all feel "warm and fuzzy" about....well I'd only feel good if they sold their shares and then "gifted" the $ to the company and US fringe shareholders could enjoy the benefit of the CASH GIFT. The only real tangible assets which we all own is the cash, the capital equipment and the "good-will" of the company. ...Sorry to be a PEST...but I've got a lot of idle time in which I obviously try to keep my mind active with SUDOKU, Cross-words and a PUZZLE like you presented in your Header.....PS..The "CROWS" won !.....LIFE IS EXTRA GOOD...LEE
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- 56mn shares at 6.5mn cash = 13cps cash backing
Sorry to ask for further clarification, but could you enlighten...
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