Wednesday, June 30, 2010 6:30:20 PM
1) Initial company discloser shows 6 mil rev by Dec 2010 is the goal, read page 10.
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=28667
2) If 6 mil rev, say 20% net profit, that's 1.2 mil profit. Use 20 PE, thats a market cap of 20 mil, and a PPS of .30 using the now O/S of 62 mil..
3) The O/S was just reduced by cancelling 25 mil in restricted. The new O/S is 62 mil, A/S 100 mil, here is the news that broke on June 21st 2010:
http://ih.advfn.com/p.php?pid=nmona&article=43311798&symbol=NO%5EUYMG
4) UYMG was a R/M this past winter when it restructured and merged with United Healthcare Solutions
http://ih.advfn.com/p.php?pid=nmona&article=41202662&symbol=USOTC%3AUYMG
5) UYMG is beyond the R/M stagelife of a pink, it is now in the Joint Venture stage, or JV stage, whereas it now has 3 JVs wrapped up into the new company. R/M's typically go to 1.5 mil cap on speculation, JV's go to about 5 mil or so before much info is known. At 5 mil cap that is .07 here, but my DD shows they could be onto larger things
6) UYMG notes they currently have no outstanding convertible debentures, and they are reducing the O/S. Appears to be very healthy.
Crushing Pinklyland Est. 2009
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM