Once they right the ship here and get audit done and start reporting real revenues from Iosoft this could easily move north of .05 after the first Q with verifiable revenues and then past .50 once back to back to back Qs are reported.
Not sure folks realize this company has a current P/E of 5.5 based on just the first 9 months of reported earnings.
Here is the math:
Earnings through 9 months is $321,901
Current Outstanding share count is 209,175,119
321,901 / 209,175,119 = .0015 EPS
Current share price .0085
.0085 SP/ .0015 EPS = 5.5 P/E (based on just 9 mths of reported earnings).
And the remarkable thing is their 4th quarter is the strongest because of Silex division so the full year P/E is closer to 2!
And that is for REPORTED REVENUES and EARNINGS. DOES NOT INCLUDE IOSOFT in those numbers.
Yes this company most likely has the best POTENTIAL ON THE OTC. More to come on this opportunity...