How many bags could this stock be is what your are asking I think?
10-KSB Page 14: 6-21-2007
We are considered a development stage company. In 2003, 2004, and 2006, we had no revenues and incurred net losses of $253,881, $1,910,350 and 2,719,310, respectively. In 2005, we had revenues of $72,675 and incurred net losses of $4,634,331. Since inception in July 1998, we have incurred cumulative losses of $10,734,982.
=> 2006 Net loss per year………………………………………...($2,719,310)
10-QSB Page 3:
Total current liabilities( March 31, 2007)…………………………. $749,782
10-QSB Page 4:
Net loss (3 months ending March 31, 2007)………………………($921,554)
Average monthly burn rate…………………………………………($261,240)
June 15, 2007 proceeds from Notes & Warrents………………....$455,000
This buys about two months before this money runs out………$522,480
The 50 EMA daily is currently………………………………………. 0.043
The 200 EMA daily is currently……………………………………... 0.059
The 50 EMA monthly is currently…………………………………... 0.062
IMO this could be a 1-1/2 to a 2 bagger with possibilities of 3 (10 cents) and 4
(14 cents). We have about two months before they try diluting again at least;
that’s about when the money runs out. DOM still has the 10 million warrants @ 5 cents.
If they dilute below market price DOM’s exercise price would drop to somewhere
around 2 cents assuming they dilute 18 Million below market (this is my best guess).
If someone wants to calculate this please do…
Anyhow, we have a waiting game. Assuming DOM wants to sell shares above 5 cents,
and assuming news will come out soon, this could have a short-term gain.