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Re: Renee post# 9

Tuesday, 10/29/2013 4:57:25 PM

Tuesday, October 29, 2013 4:57:25 PM

Post# of 30
Nice move up in share price on small volumn today.
I may be wrong, but it seems to me that we should receive about $0.3825 per share by 12/31/15?
This seems like a very nice return in about the next 26 months per the corporate presentation on the company's website dated October, 2013: if the company collects all revenue that they have contracted of about $5 million divided by the listed fully diluted shares referenced as 13,071,664 would yield about $0.3825/share.
Today's closing price of $0.0644 deducted from that "estimated" $0.3825 revenue per share = about $0.3181 per share profit. Divided that "estimated" profit by today's closing price is about a potential gain per share before commission costs of about 493% by 12/31/15.
Any one, if I am wrong in my back of the napkin calculations, please correct me. I easily can be mistaken. I welcome your input, and a Thank You before hand.