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Re: chile2 post# 52363

Tuesday, 06/02/2015 10:17:53 AM

Tuesday, June 02, 2015 10:17:53 AM

Post# of 100700
Even if they double projections and realize 1.4 million revenue this quarter, it'd equate to $0.00384 earnings per share. If shares were trading around $0.11, that'd be a price to earnings ratio of around 28. Higher than that of Dr. Pepper and Coke for perspective.

All of that assumes no change in share structure, which is likely misguided. Regardless, the bottom line comes down to whether or not you think they care about future share price; if they do, a reverse split is iminent. If they don't, or if you're a firm believer this is nothing more than a share selling scheme, they delay the annual report until eclipsing a year from bankruptcy, around 7/11/15, satisfy Rule 144, release the perceived 'blow-out' numbers in an annual report and sell sell sell the news.

Maybe even then consider a RS? They'd have cashed in, the creditor could dilute share price to oblivion, eliminate most if not all of the debt on the books, try and pick things up from there and see what they can make of it?