Rosie...USBF is finally being valued at what was the "paper value" of the Elysium purchase.....I already wrote about how stupid it was to buy at $1+, when the paper value for the transaction was much lower.

On this forum I posted the following:

<<<....by my calculations, USBF is paying $1.5M for the 40% of Elysium business after giving 60% back to FTS for the preferred shares.....this values the new Elysium company at $3.75M

Stock market buyers of USBF are shooting in the dark, IMO, and are over paying bigtime....>>>

By extrapolation, $1.5M divided by 11 million shares not owned by FTS Group = 13.6 cents a share....anything more is overpaying until Elysium puts up decent numbers, IMO...