InvestorsHub Logo
Followers 39
Posts 1624
Boards Moderated 0
Alias Born 04/17/2012

Re: maestro_of_Ihub post# 8301

Friday, 02/06/2015 10:21:39 AM

Friday, February 06, 2015 10:21:39 AM

Post# of 8575
First, it has not traded at 75 cents post r/s. It typically takes at least a few days for an equitable market to reestablish post r/s.

Second, please provide a link to any publicly filed document that indicates the company has any debt or convertible notes currently issued or outstanding. I don't find any reference to any in the current public filings made with the SEC.

Third, the company is profitable and generates earnings. Now with the more favorable cap structure, it will produces meaningful EPS and have a PE ratio which is exactly what value investors want to see. Furthermore, value investors generally speaking don't buy penny stocks that aren't listed on a larger exchange. Recent developments remedy that issue as you know.

Fourth, split or not, the company is trading 1X sales. The space trades at almost 3X sales and many aren't profitable. A profitable company with 12 consecutive quarters of double digit growth and trading at just 1X sales is literally the definition of value in my book.

Thanks for the exchange as always.