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Re: None

Monday, 02/04/2013 5:04:34 PM

Monday, February 04, 2013 5:04:34 PM

Post# of 335
another great close,

from what i could tell someone was sitting on a good till cancelled / eod for about 200000 at 0.08. All the volume was actually selling into that.

This shows that the current valuation has very real support. a single buy would have jumped the price to 0.98 where there were only 16,000 available before the next jump.

Not many are selling, 67k vol is quite low compared to the last few days, the accumalation continues.

I still feel .25 should be acheivable quickly, with higher prices once more is known about the aquisition.

i did a very loose valuation based on the employees and revenue, giving an a standard net profit and got .73 based on 100million shares . with the .25 for the existing company, i see this been worth around $1 by the end of the year.

there is some very shaky assumptions in that, but without the 10k there is little to base it on.

any better guesstimates ?
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