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Thanks, I wish I held. Would have been up about 20 grand by now!
I'll be honest I never saw this thing going back to .003! I originally purchased this stock for.003 during the Joe Overcash days. The stock then tanked from .003 to .0003. I bought a lot more and dollar cost averaged down to the .0005 range. I sold out then at .0014. I hope it keeps going for all you invested.
Assuming 3 million in revenues with a PE of 15 APCX is valued at .011! Yes thats slightly over a penny already!
As news gets announced APCX will outrun and outperform MMTE
I believe we will be moving a lot higher soon.
I think there is some news on the horizon!
The industry that AppTech is in is a super fast growing market. Even with some decent applications APCX can generate a very good revenue stream. According to their CEO it is a growing $300 billion dollar industry. If AppTech can capture just 1/2% (.005%) of this market share they would generate over 1 1/2 billion in revenue! With that amount of revenue and with around 4 billion shares outstanding we would be looking at a share price for this stock at over $2.50 a share. I use this example just to show the unlimited possibilites for this stock in both the near and long terms.
If we take a more current view of this we can realistically see this company generating between 10 and 20 million over the next year or two. With 4 billion shares outstanding is equivalent to a share price of .005! Stocks never trade at one times earnings. Tech stocks trade at an average of 15-25 times earnings. If we take the lower end of this (15) we come up with a share price of .075! That is 7 1/2 cents! Just look at the percentage gains that would be from where this stock is now! Remember according to their latest pr the company they will acquire has expected revenues of 3 million already! So REALISTICALLY this stock should be trading around .01 Now!
I dont think you understand. Applications are the peak of technology. Nothing can get more advanced than an application other than the specs of the application itself. Mark my word I believe this stock will be trading in pennies in the months ahead.
Anything under .0005 is a steal
Some people must know something others dont.
Easiest 10 bagger on ihub
Right on.
Yes I agree. At some point in the weeks ahead I guarantee you wont be able to buy this for less than .001
"This is one more step in the new direction that we are taking Oronoco for the purpose of establishing a solid revenue base."
Looking from the outside I agree, but the proof for example is the "see Jesus" app. It is currently generating revenue for them. That in itself proves they are moving ahead.
By the way according to the press release they CURRENTLY have projected annual revenues of $3 million. The company has an EXISTING customer base that includes clients such as KDDI of Japan and TATA Communications of India. For 2011, Oronoco plans a significant expansion of its customer base in the country of Colombia.
Just straightening out the facts
I have talked to Dan and feel confident.
If we only go by their "expected" revenue of 3 million that would still equate to a share price of .011 Yes thats a penny already!!
Lets be conservatively optimistic here. This company can easily generate between 10 and 20 million over the next year or two. With 4 billion shares outstanding it is equivalent to a share price of .005! Stocks never trade at one times earnings. Tech stocks trade at an average of 15-25 times earnings. If we take the lower end of this (15) we come up with a share price of .075! That is 7 1/2 cents! Just look at the percentage gains that would be from where this stock is now! Remember according to their latest pr the company they acquired has "expected" revenues of 3 million already!On top of this are the revenues that will be generated from their applications. So REALISTICALLY we should be trading in pennies not subpennies
We have a company that is in a rather new market that is growing like crazy with tremendous revenue generating potential. The possibilities here are really unlimited. You can call it pumping all you want, none the less it is what it is.
You are correct. Just wait until revenue numbers start coming out, this stock will head towards a penny soon.
Those who are not buying now, will be kicking themselves in the weeks ahead.
Revenue announcements/new apps/new acquisition
A lot of eyes on this. Just waiting for the news.
I have had an order for .0002's for two days now and no fill. I did take some .0003's yesterday.
Those high volume days were a sign of whats to come. buy and hold, you will be glad you did.
You will be greatly rewarded.
Im going to buy some more today.
I can tell all of you this company is for real. I encourage everyone to buy and hold.
I agree, in the months ahead anything under .0005 would have been a steal.
My buddy has had an order to buy 20 million shares at .0002 for over a week now. I bought again recently at .0003 because Im not sure if they will ever drop it back to the .0002's. I didnt want to risk not being in before news regarding revenue announcements and projections.
I got .0003's
Look for revenue announcements in the near future!
.0005+ will be here very soon.
picked up more this a.m.
Once this company starts to announce its revenues the sky is the limit here. This is hands down the best sub penny stock to be in right now due to the huge potential.
*The industry that AppTech is in is a super fast NEW emerging market. Even with some decent applications APCX can generate a very good revenue stream. According to their CEO it is a $300 billion dollar industry. If AppTech can capture just 1/2% of this market share they would generate over 1 1/2 billion in revenue. With that amount of revenue and with around 4 billion shares outstanding we would be looking at a share price for this stock at over $2.50 a share. I use this example just to show the unlimited possibilites for this stock in both the near and long terms.
If we take a more current view of this we can realistically see this company generating between 10 and 20 million over the next year or two. With 4 billion shares outstanding is equivalent to a share price of .005! Stocks never trade at one times earnings. Tech stocks trade at an average of 15-25 times earnings. If we take the lower end of this (15) we come up with a share price of .075! That is 7 1/2 cents! Just look at the percentage gains that would be from where this stock is now! Remember according to their latest pr the company they will acquire has expected revenues of 3 million already! So REALISTICALLY we should be trading in pennies not subpennies
Anything under .0005 is a steal.
We'll be moving much higher in the not so distant future here.
smart man
This news is nothing as to what will be coming out.