Hello Eudaimonia.

I can imagine no one in their right mind would give our fearless leaders’ ability to cash in our assets their stamp of approval. But what’s going on is beyond undervaluation. What we’re faced with is zero valuation (so far as our properties). Presently—after the connection to valuation has disappeared and doesn’t exist anymore—the usual discussion of dilution has lost most of its meaning. It’s not much more enlightening than arguing over different peoples’ opinions of whose computed result of zero is bigger. In other words, “My zero is bigger than your zero.”

If not one hundred percent the case with every single thing Fancamp does, the market generally considers Fancamp as some kind of worthless blank entity. Theoretically, Fancamp’s stock can lose value because of dilution. But, in reality, every last part of the valuation the market once gave our assets has been withdrawn a long time ago. We now trade strictly according to the contempt disrespected investors have for us and according to the uninformed whims of our market-makers, who are too lazy or who are too disenchanted to take the time to look into our investment risk-reward ratio.

The plain fact is, there is not the any connection whatsoever between what Fancamp owns and what the market knows about it. Compare—by any measure—our market cap with the value of our properties. The plain fact is the market doesn’t recognize that any of our properties even exist. To dilute what’s not there to start with is hardly possible.

However, there is, of course, a negative business consequence in our share price relentlessly going from bad to worse. That bad reality is not so much any lost value caused by issuing new shares. It is more a simple case of how much money we get for our shares when we sell them. In other words—dilution or no dilution—the low price for our shares is bad just by itself. The obvious negative is negative enough. Whether it’s a question of the company or the investor selling the shares, getting miniscule money for them is bad every day of the week.

Fortunately, “the upside potential” (that you mentioned) very much remains. What’s needed is what database programmers (such as myself) call “rationalizing the data.” That is, formatting the Fancamp property information (and ceaselessly talking to the investment community about it) so that our documented valuations ring out true and become a not-forgotten and never-separated part of our share price.