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youhavenoidea

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youhavenoidea

Re: ChrisJP post# 618

Wednesday, 12/26/2007 4:39:11 PM

Wednesday, December 26, 2007 4:39:11 PM

Post# of 10842
sell the kitchen sink, wife and kids

http://investorshub.advfn.com/boards/read_msg.asp?message_id=25541061

Posted by: stervc
In reply to: None Date:12/25/2007 7:36:51 PM
Post #of 1154

Uranium-pinto-beans & All...

I must thank all of you for helping me to form my thoughts in GSNH. Below are some thoughts as to how I see GSNH from doing my DD. Again, these are my views as to how I see things with the merger from reading through all of the posts. The below is merely a compilation of y'all thoughts. I hope it helps!

********************************************************************************************************************************

GSNH**Confirmed Huge Merger DD…

By the time you get done reading this, you should logically be able to see how GSNH has the potential to trade at $1.98 per share range. Even if you don’t see that, then you should truly see that GSNH has been confirmed to definitely be worth more than the .02 per share price that it’s at now.

Go to the link below and click where it says “Company Info” to see where it will reflect that the CEO of GSNH is Chris Scully, CEO, President:
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=gsnh

Below within the Nevada Secretary of State link, observe to see that the same Christopher Scully is the President of the amended Articles of Incorporation for Dovarri Inc. as one of the company’s Resident Agents:
https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?lx8nvq=WfX3gDtX8AqlR2OGrEIX5g%253d%253d

Also, great confirmation by The Rainmaker that GSNH is now Dovarri Inc.:
http://investorshub.advfn.com/boards/read_msg.asp?message_id=25432195
http://investorshub.advfn.com/boards/read_msg.asp?message_id=25446268
http://investorshub.advfn.com/boards/read_msg.asp?message_id=25449873
http://investorshub.advfn.com/boards/read_msg.asp?message_id=25484124
http://investorshub.advfn.com/boards/read_msg.asp?message_id=25484670

Now call Pat and/or Sandy at the contact info below to confirm Dovarri Inc. reverse merging into GSNH:
http://www.dovarri.com/contact.html
Investor Relations
281-493-6711 (Pat or Sandy)

Great confirmation by Jason0352 to confirm Dovarri Inc. and GSNH merger:
http://investorshub.advfn.com/boards/read_msg.asp?message_id=25434172
http://investorshub.advfn.com/boards/read_msg.asp?message_id=25459361

Homersbud emails from Dovarri Inc. confirming the merger with GSNH:
http://investorshub.advfn.com/boards/read_msg.asp?message_id=25439990
http://investorshub.advfn.com/boards/read_msg.asp?message_id=25440452
http://investorshub.advfn.com/boards/read_msg.asp?message_id=25458492

Retireat40 emails from Dovarri Inc. confirming the merger & CUSIP with GSNH:
http://investorshub.advfn.com/boards/read_msg.asp?message_id=25501873
http://investorshub.advfn.com/boards/read_msg.asp?message_id=25501894
http://investorshub.advfn.com/boards/read_msg.asp?message_id=25502179

So hopefully now everyone is convinced or can confirm for themselves that the merger will happen. Now let’s see how powerful this merger will be for current and potential shareholders at these levels. Ok, take a few deep breaths before you read this. Before I show you how GSNH has logical potential to be worth a minimum $1.98 per share, please read through some further confirmations of the Hewlett-Packard (HP)/Dovarri relationship for a better understanding of the magnitude of this merger.

Dovarri Inc. partners with Hewlett-Packard (HP) which trades as HPQ at $52.00+ per share on the NYSE:
http://www.tmcnet.com/usubmit/2005/feb/1115330.htm

According to the article written below in 2005, Dovarri Inc. had 2,500 customers.
http://www.bizjournals.com/houston/stories/2005/02/07/daily19.html?jst=s_cn_hl
…Stephen Vobbe, Dovarri's vice president of corporate development, says the expanded relationship with HP increases Dovarri's distribution network by some 2,500 partners. …

…According to Vobbe, Dovarri's main competitor in the mid-market space has about 500 or 600 partners. …

From judging how their previous customer/partner base was 1,000 from previous articles, exponentially considering, there is a good chance that their customer partner base is greater than 2,500. We will stick with 2,500 for further calculations as a minimum to derive a valuation. Each of these 2,500 partners focus on supporting the needs of companies with less than 1,000 employees as mentioned in that above article too. That’s an average of about 83 employees using their software per month, but let’s be conservative and use 15 employees per month that will use their software.

You can call HP and go to the website below to confirm that Dovarri Inc. is still going strong as being a significant partner with HP:
http://www.hp.com/sbso/wireless/sales_force_automation.html
(You can also easily verify by looking at the 2007 date at the bottom of website.)

More proof of Dovarri Inc. alliance with HP:
http://www.dovarri.com/discover_alliances.html

Dovarri Inc. within the HP website:
http://www.hp.com/sbso/wireless/sales_force_automation.html?jumpid=reg_R1002_USEN
http://www.hp.com/sbso/wireless/eval_center/business.html?jumpid=reg_R1002_USEN

HP speaks very highly of Dovarri:
http://www.hp.com/hpinfo/newsroom/press/2005/051018a.html?jumpid=reg_R1002_USEN
…Offerings include powerful customer relationship management and sales force automation software such as Siebel and Dovarri…

http://www.bizjournals.com/houston/stories/2006/01/16/daily27.html?jst=s_cn_hl
…Software company Dovarri Inc.'s product, Dovarri 6.0, has been named the 2005 small- and midmarket Sales Force Automation Product of the Year by TechTarget's SearchCRM.com. …

CRM market to hit $74 Billion in 2007
http://investorshub.advfn.com/boards/read_msg.asp?message_id=25412999
Important to know is that if Dovarri Inc. is a leader within this industry as confirmed by HP support and the awards they have won, then I agree with the post above by Maani that their Revenues is definitely well above $25 Million.

GSNH Share Structure per MWM post on 19 Dec 07:
http://investorshub.advfn.com/boards/read_msg.asp?message_id=25415293
Authorized Shares (AS) = 150,000,000 Shares
Outstanding Shares (OS) = 44,166,399 Shares
Float Shares = 26,948,890 Shares
This was as of Aug 14, 2006, but volume history confirms to be current IMHO.

The companies involved can get in trouble with the SEC if financials are somehow released before an official consummation of the merger. Since we don’t have facts concerning the financials of Dovarri Inc., we have no choice except to speculate to try and derive if entering at these prices is truly considered a discount or a premium. Please observe from enough key variables that already exist:

Companies/Partners = 2,500
Clients Monthly per Company/Partner = 15
OS = 44,166,399 Shares
Cost of Software (Minimum) = $64.95 Per Month Per User
http://www.dovarri.com/buynow.html

2,500 Companies x $64.95 = $162,375

$162,375 x 15 Clients Per Company Per Month= $2,435,625 Revenues Per Month

$2,435,625 x 12 = $29,227,500 Revenues Per Year

Without actually seeing their financials to know their Expenses, I think it’s safe to figure in a 25% Profit Margin from the $29,227,500 in Revenues resulting in $7,306,875 as Income/Profit.

Income ÷ Outstanding Shares (OS) = Earnings Per Share (EPS)
$7,306,875 ÷ 44,166,399 (OS) = 0.165 EPS

With using a conservative 12 PE Ratio as a conservative multiple for its growth rate within its given Market Sector and Industry, observe below:

12 Conservative PE Ratio x 0.165 EPS = $1.98 Current Share Price Value

Well, let’s get technical about this since GSNH would trade within the Technology Sector. The PE Ratio for the Technology Sector, in which GSNH would trade, as with their competitors such as VWM @ $100.00+ or CRM @ $52.00+ is the PE Ratio of 48.11 as indicated within the link below:
http://biz.yahoo.com/p/8conameu.html

This is not saying that GSNH is worth or will trade at the same price levels of VWM and CRM. It means that it is fair to consider GSNH maturing at the same growth rate as its Sector and Industry competitors, especially since it is considered a leader by some within their Sector and Industry. This also means that it would be fair to use as a multiple, the 48.11 PE Ratio for its Sector to get a potential for current share price of below:

48.11 Technology Sector PE Ratio x 0.165 EPS = $7.94 Current Share Price Value

Now, the 48.11 is actually the growth rate that the stocks within its Technology Sector grow in price in relation to their earnings. If you research the growth rate for the Industry options in which GSNH would trade, it would reflect an even higher price to earnings growth rate to use as the multiple. FYI, their Industry would be the Internet Software & Services Industry or the Technical & System Software Industry:
http://biz.yahoo.com/p/852conameu.html#crm
http://biz.yahoo.com/p/822conameu.html#vmw

I think you see why the number 12 was used as a conservative PE Ratio. My point that I am trying to make is that GSNH/Dovarri with 2,500 partners and HP in their corner for support, warrants potential that I think all should consider.

It looks like Dovarri was long overdue for going public as apparently thought too by Richard Sonnier, of the Information Technology Services firm Nimble Services, Inc. where he stated that Dovarri should be given consideration with Salesforce.com (CRM:NYSE) as indicated in the article within the post made by Jason0352 below:
http://investorshub.advfn.com/boards/read_msg.asp?message_id=25445541

At .02 per shares, it’s current Market Cap is now 44,166,399 x .02 = $883,328

With Dovarri making somewhere probably close to $30 Million in Revenues as I had shown above, it’s clearly easy to see that GSNH is reflect a Market Cap of below:

$30,000,000 ÷ $883,328 = 33.96 times greater from current .02 per share

This means that with using a Market Cap concept, GSNH should be sitting at what’s indicated below until financials are released confirming the amount for Income/Earnings:

33.96 x .02 = 0.679 per share conservatively, as a worse case scenario.

Here are also some very interesting posts by The Rainmaker that all should read:
http://investorshub.advfn.com/boards/read_msg.asp?message_id=25497802
http://investorshub.advfn.com/boards/read_msg.asp?message_id=25507865

The highest volume that GSNH has ever traded was 2.5 million shares over the past year. Still, nobody really knows about GSNH or still has not taken any significant position. It is at a fair level for all to consider in my opinion. I’m not sure how high GSNH will be going, but it is significantly undervalued at these levels. We all will respectfully have our own version as to what makes sense, but the above is what makes sense to me from doing my DD.

In closing, here is an outstanding GSNH Summary by Grongron50 that I think all should read too:
http://investorshub.advfn.com/boards/read_msg.asp?message_id=25518980

Happy Holidays to all as I hope this post helps!

v/r
Sterling


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