Veridium Corp fka VRDM

[futrcash]

Nice Post...Only One Problem!

I see this ALL the time.Which,unfortunately, is ALL too often.

From your post...."20 million in revenues>> divided by 500 Million shares = .04 cents per share ..... x a P/E of 20 which is under industry standards (for the Bashers,we'll keep it low) 20 x.04 = .80 cents a share Minimum.",

There's a basic problem there,as you confuse REVENUES with PROFITS!

Where are the COSTS of REVENUES?

Examples of what I'm talking about are Delta Airlines and General Motors,Both companies have HUGE Revenues,but NO profits.
Know what I mean?


Aside from that MINOR? confusion,I found the post very interesting and helpful.

futrcash