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Saturday, July 12, 2014 5:00:13 PM
Fair valuation is based on numbers and facts. So it's really simple everyone. $200,000 less costs, less operating is $60,000 every 6 month (and I think that's being generous). $120,000 in revenue over OS is book at $.0002 per share. As an importer, not a manufacturer a fair multiplier would be 10X making their fair value roughly $.002. Now this doesn't even take into account they owe $2 million plus in payables or that they have a 5 year old payroll tax issue of a quarter million accumulating penalties and interest. I see no basis for your valuation claims but I welcome you to present them. Just give us some objective data with backup versus personal opinion. You must remember that people may read what is said here and believe it for fact or supportable information. If it is not, it is misinformation.
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