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smoke

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smoke

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Friday, 05/16/2014 8:21:30 AM

Friday, May 16, 2014 8:21:30 AM

Post# of 27523
CTEI nice write up here;http://seekingalpha.com/article/2219613-cemtrex-acquisition-of-rob-could-unlock-significant-value

Under Risks heading author mention possible inability to get bank financing due to their small Market Cap and only 40 million shares OS. Fails to note Rob acquisition was accomplished internally without dilution half from cash and the other half from CTEI's big brother.

If you project the last quarter's revenue and trend we could be close to 60 million next 12 months if so the 28 Mil mkt cap is too low.


"Thoughts become deeds, choose the good ones"

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