Metrospaces Inc (MSPC)

[Helter Skelter]

BOOM!

...meanwhile our market cap is around $468,000 (2.34B OS x $0.0002)...should be 10 times that, at least...

Total Assets of $4,030,032!!! We should be 10 times our price per share right now!!! And that's just ETELIX.COM USA!!! The winery and it's properties are worth millions!!!

I will post the Income Statement in a few minutes...first must calm down, lOl...

You know how to use Shareholders' Equity as a valuation tool? It's only one part of valuating a company's...worth...to shareholders...

Total shareholders' equity ($887,088) / OS 2.34B = $0.00038.

We should be at $0.0004 just based on ETELIX USA's shareholders' equity alone.

Total Shareholders' Equity is Total Assets - Total Liabilities.

If the company were to sell all of their assets, pay off all of their liabilities, they would have shareholders' equity left over to dole out. That comes to $0.0004 per share. We'd double our monies from here. Of course that doesn't take into account the preferred shareholders... ;) ...but almost all companies in the penny world have a NEGATIVE shareholders' equity...these numbers also don't account for the winery and other assets that are over $2,000,000, I believe...will have to check Metrospaces Balance Sheet...these numbers from EtelixUSA will be included in MSPC's numbers on the balance sheet going forward...

I didn't see this at the bottom of the 8K...how could Helter Skelter not see this??? Gadzooks!



Strong Buy