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Re: hondaboost post# 4019

Wednesday, 04/29/2015 12:01:32 AM

Wednesday, April 29, 2015 12:01:32 AM

Post# of 5147
I would say that's a big stretch :) But...

with 4.4m in inventory (mostly raw materials and finished goods) and close to 4m in accounts receivable, somewhere around 1m in plant and equipment minus depreciation (after recently investing an additional 500k)

my fair valuation today is about .045c in liquidation value with reported 125m shares out, if they turn it around with sizable p/e expansion the next few quarters, or shop to sell the company, that's anyone's best guess, mine would be 10c and 25c respectively.

~Definitely not an illegitimate company like some would want people to believe, but after the swing pump up/down traders move on, this will realize appreciated valuation imo.

As of January 1, 2015, we had 290 employees, all of whom are full time
125,213,776 shares of Common Stock issued and outstanding


Show me legitimate stocks, any market, trading at 1c with 290 employees and only 125m shares out, that's all I need to know