Sunday, June 04, 2006 3:57:57 PM
I have to agree with your predictions as to what Pastas revenues are. I specifically heard they expect to do 12m dollars this year without consideration for any other deals or developments.
I wonder if they are profitable or the combination of the two has them profitable. I am not quite sure what we paid to them though. We know they loaned them 350k. I assume that goes towards the aqusition fee and doesnt have to be paid back? Or mabe it does have to be paid back. I know 10m shares are issued. The value of those shares is hard to predict. Only management knows what they are likley to be worth down the road a bit. It appears 3m are free trading. They should get a bang for those with the right timing
Disclaimer: My posts are IMO, I am not a Professional analyst Do your own DD before investing/trading . My opinion is subject to change quickly depending on market conditions or other considerations!
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