An Unique and not impossible Result !
There are 6 guideline references used by EMCO/Hanover, which the SEC and IRS have accepted, that can be used in valuing stocks in a publicly-traded company. These are explained on EMCO/ Hanover’s website (www.emcohanover.com) where a 60% discount was used and accepted in two specific cases involving compensation for a Company’s Officers and Directors and also as compensation to an independent contractor for services rendered. Perhaps, they might be useful for you. If so, click here.