Ok...so lets look at our value just in CHM shares

As it stands now, I believe we have 22 million shares of CHM

Therefore, 22,000,000 X current CHM share price of .335 = $7,370,000

Ok...so now, lets look at the value if converted to Mamba shares

First, the deal valued CHM at .39 per share, which is higher than the current share price .335

Second, the deal valueing CHM at .39 was based on a Mamba share price of .52, which is lower than the current share price of .67

We get 11 shares for every 15 shares....so that's 11/15 X 22 million = 16,133,333 Mamba shares....times the current Mamba share price of .67 = $10.8 million

So...our total market cap, which includes the CHM and other is $6.75 million

Of course, we haven't considered the 43 million shares Fancamp will hold of Gimus; but that's just another rounding error of some $5.8 million based on their current price of .135.

Ok...so that's $10.8 million + $5.8 million....ummm...carry the one....ummm..plus cash..ummm....throw in some magpie...ummm = $6.75 million?

A couple days ago, after Jim Sinclair's company TNX got clobbered, he was out with a letter to shareholders to offer an explanation and support for his share price. That appeared to stop the death spiral....and you have to respect his efforts. Would be nice to see some of that here....or is there a planned stock options package before that?

Just wondering