Market Cap
45,384,224 Shares @ $0.400 = $18,153,689.60
Investment
Radar Iron Shares in Escrow
22,690,612 Shares @ $0.400 = $9,076,244.80
Radar Iron $0.25 Options
12,000,000 Options @ $0.15 (0.40-.25) = $1,800,000.00
Radar Options + Shares = $10,876,244.80
Cash in Bank
(Est 31 Mar 11) = $3,150,000.00
Total Inv/Cash = $14,026,244.80
Enterprise Value = $4,127,444.80
The enterprise value is really starting to increase now. It is good news considering the EV has been negative at times in the last month. $0.445 cents and TRH is a $20 million Market Cap company.
Market Cap 45,384,224 Shares @ $0.400 = $18,153,689.60...
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