Re: Consider this/Daboss/addendum A buyout is not possible
in response to
by
posted on
Oct 24, 2008 08:44AM
There is no way any company would offer $5.00 per share. That calculates to a price of 1.5 billion (300 mil x 5)
No matter how you look at the future of edig, settlements at hundreds of millions and internal growth for ten plus years, it would not equal 1.5 billion.
The companies present worth is approx $2.00 per share assuming we win hundreds of millions in lawsuits.
A company would be foolish to invest 1.5 billion and have negative cash flow for years from the transaction.