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Jones Soda Co. (JSDA) Message Board

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  • nuttierthansquirrellshiat nuttierthansquirrellshiat Jan 10, 2013 8:06 PM Flag

    3 year old news to pump jsda.

    your spinning facts again ...the DEEP discount refers to jsda OVERVALUED market cap (pps) and not jones value ......jones was losing 3 million per quarter and had less than 3 million in cash ...they were about to go out of buisness .....the offer from reeds was at jones book value at the time .......

    you also tried to imply that jsda would see a similar buyout now .. based on reeds offer 3 years ago .....

    jones current value is 5.1 million ( shareholders equity ) which consists of inventory and what cash was available 3 months ago ....end of Q3 ... divde that by the 38.5 mln outstanding shares and jones value 3 months ago was .13 cents ...N.I.C the 2.8 mln in debt ...

    if you add in the liabilities of 2.8 mln jones value is 2.3 mln or .06 pps

    they have less cash now 3 months later and can not pay the liabilities so a fair offer now might be .05 per share

    but they better hurry jones days are numbered...


    Sentiment: Strong Sell

0.41+0.0100(+2.50%)Oct 21 3:32 PMEDT