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PokerVertigo

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PokerVertigo

Re: bax post# 14126

Wednesday, 07/19/2006 10:59:13 AM

Wednesday, July 19, 2006 10:59:13 AM

Post# of 162780
It is about the market cap... Currently their revenues are under a million... but their market cap is 6.7 billion * 0.0023... which is $15.4 million... So if you base it purely on current revenue, then it is overvalued by 15 times or more, however with the prospects of the other deals out there, this thing can become fairly valued quickly.

It is like with research companies... Research companies are rarely profitable during their research phases or even during their long stretches of *waiting*... yet they have investors because people are willing to take a chance

BDRR - Life changer in the making.

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