P10 Industries Inc. (PX)

[bob4uall]

It's only lower until the next good rumor.

As I recall, they have $4.5MM cash and a line of credit of $10MM. They are trying to sell or license their patents, of an unknown asset value.

So, perhaps they can control a $20MM company all together. Maybe profits would run around 20% return on assets (which is quite high), or $4MM per year. (At that size the NOLs would be very underused.)

Maybe that is what keeps the stock price above 40 cents or so.

I still don't have a clue how PIOE could own a company that would have earnings large enough to be worthy of its NOLs. Maybe $30MM in yearly earnings is reasonable for NOLs to last around 10 years? Maybe a 10% return on assets would be typical for such a large company? So the assets in that case would be around $300MM. How could PIOE control all that? I don't know if there would be a way or not, or how such a structure would affect PIOE shareholders.

I don't really expect that sales or licensing of patents would deserve a special announcement, so that kind of action might be announced with quarterly results. But any good results could start showing up in the stock price depending on rumors that might possibly build, or if insiders begin buying.