Friday, May 29, 2015 12:19:15 PM
This STOA DD is solid. With $3.5 Million in Net Income (audited) after taxes, I think if anyone would do the math, STOA would be worth somewhere in the area of .10+ per share given a fair conservative P/E Ratio from doing some quick math. That's also considering an up to 51% of the company's common shares in newly issued restricted common stock to close the deal considering the last reported OS of 306,323,723 shares as of May 28, 2015.
Waiting 10 days for the deal to close per the STOA 8-K is not a long wait. This is a game changer 8-K. Please correct me if I am wrong, but I think that these are the companies involved below:
Edited: This is somewhat of a challenge. I'm guessing and hoping that the management will deliver an update to show how they would conquer the $36 million in shares to be issued.
https://www.facebook.com/pages/Technopreneurs-Resource-Centre-Pte-Ltd/472717572817122
http://createappsingapore.com/
v/r
Sterling
Sterling's Trading & Investing Strategies:
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