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Re: Grassrootpartners12 post# 3817

Saturday, 09/16/2006 9:33:26 AM

Saturday, September 16, 2006 9:33:26 AM

Post# of 5965
tsquared,

If we get to the point where we are doing $8-9M/quarter in earnings we will be in the CELL class of stocks. They have a market cap of $840M. The differences are they have cash on hand, $82M, 6 analysts covering them, huge institutional ownership, a large IR department and trade on the NAS. Given these items there is no doubt they should command a much higher market cap than we have. Should it be 2-1 or 4-1 it is hard to say. If its 2-1 than we should selling easily between $1-1.5/share.

Given the recent trading volume it sure seems like someone is buying a big stake in the company. It could very well be they see a market cap closer to CELLs in a few years. Which could be about a 10 bagger from here. Right now I would like to hear what the company is doing in terms of getting an IR company in the US and meeting with investors.

Joe

First Dutch Gold Dore Bar

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