Readen Holding Corp. (RHCO)

[CoodBMoney]

The part of that statement that is troubling to me is his lack of understanding of what drives up the price of a small - growth stock. He has been making deals that value the stock at $.25 - $1.00. and I would guess those individuals thought there would be trading in the stock that would cause a price increase so that they might realize a profit. Well surprise, surprise, surprise... Nobody else knows about the company and if Ron is waiting for the stock to trade based on its earnings per share!!???...gonna be awhile.. Lets see, if RHCO was to show "net income" of $2,600,000 that would be about a penny a share earnings. Using a PE Ratio of 20 that would only be $.20 per share. Everyone that has made a deal would still be underwater and RHCO has not come close to posting net income that high.