Based on the market, money/time invested, thinking like Jeremy etc, I'd purely GUESS he wouldn't be willing to let this go for anything less than 6-8 cents absolute bare minimum (in cash/quality scrip) today, and even then he'd probably be annoyed and see it as opportunistic. He probably sees this as a 20 cent company in a few years.
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Based on the market, money/time invested, thinking like Jeremy...
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