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Re: whizent1 post# 96440

Monday, 10/20/2014 2:39:00 AM

Monday, October 20, 2014 2:39:00 AM

Post# of 123644

This is an awesome time to load more imo...extremely undervalued



Just curious. How can you value it without financials? As I calculate, they would require earnings of at least $250,000 just to support the current valuation based on outstanding shares and industry multiples. And I repeat that's EARNINGS. Probably something like $3-4 million in sales and to tell you the truth I don't think they'll show much more than $3-4 thousand. MRIB is not undervalued. Probably significantly overvalued at this point.