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Re: Bogey96 post# 22168

Monday, 08/18/2014 7:21:09 PM

Monday, August 18, 2014 7:21:09 PM

Post# of 30951
We know that the A/S is 950M per the Nevada SoS and we know that an insider owns 53.5% of the float.

This makes the tradable float small and gives the insider 53.5% interest in making sure a R/S doesn't happen as it would hurt them the most.

Assume O/S of 900M and revs in middle with $12.5M. With 10% profit margin and PE of 30 the EPS would be .04.