According to Sharespost.com, there are currently one or more shareholders of Oversee.net, which are offering up block(s) of shares for sale.
Sharespost.com describes itself as a site which:
“Makes private equity liquid by connecting companies, buyers and sellers, either directly or with the help of a broker, and facilitating easy, automated transactions. ”
So sharespost.com is a site where one could go to buy or sell shares of stock of privately held companies.
Which brings us back to Oversee.net.
There are 2 blocks of 10,000 shares each, one for 7,100 shares, another for 5,000 shares and one for 4,100 shares.
All of the shares are being offered for the same price.
$7.35 a share.
At $7.35 a share according to sharespost.com, the “implied valuation of the company” is:
I know its a lot of zeros.
But it works out to $1.12 Billion dollars.
To get to that number Sharespost estimates that there is 153,000,000 shares of the company.
So is Oversee.net worth over a Billion?
If you think so, go check out Sharespost.com and if you qualify you might be able to buy some shares.
(Of course Oversee.net probably has a right of first refusal and the shares might be subject to a shareholders agreement.)