As of September 2, 2011, we had 31,500,000 shares outstanding. Using June 30, 2011 figures, if we paid off all our debt, we had $69,500,000 cash. This equates to $2.20 per share cash, or roughly 29% of our current share price of $7.59.

Hence, $5.39 per share reflects the markets valuation of everything other than our net cash..

In other words, the entire company is being valued at roughly $170,000,000 after you subtract out our net cash.

For $170,000,000, an investor can buy a hypothetically debt free company with one of the lowest Market Cap per AgEq M oz. around.

Where are the buyers????