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Re: Nilbud post# 25046

Tuesday, 04/05/2011 5:27:55 AM

Tuesday, April 05, 2011 5:27:55 AM

Post# of 2804248
$DRMX looks sexy? smile
Ok then, here is the DD part:

Dermaxar has been the parent company for Euoko (http://www.euoko.com/) luxury skin care brand until its sale to Tatler Pacific on January 2011.

PR:
http://findarticles.com/p/articles/mi_pwwi/is_201101/ai_n56747503/
Another version of the PR:
http://www.prweb.com/releases/2011/01/prweb5018724.htm

The proceeds of the Euoko sale were $72 million. That kind of money isn't what a typical Pinkie moves... Now we've got a low floater with only 100M shares AUTHORIZED (with recent trading activity one can perfectly assume the O/S is much smaller), and if I've understood well the news, it holds a truckload of cash.

Given those facts, this stock should be selling for a FAR higher price than whatever it's trading for right now.

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