Thursday, September 28, 2006 12:25:52 AM
first step of many to a solid upside on pps. Existing revenue of $2.6M+ annually from this acquisition is significant IMO because with current share count puts pps value @ .00066.
If the 2 other acquisitions finalize with proposed similar revenue, the pps value could go to .0018+!
Question taking a bit longer, or at all? Denotes frustration which I understand. However, the 8K IMO does not automatically push pps. I think an updated 8K will be out within the week, and will outline the LOI, and 2 other pending acq., which have already been PR'd. The finalization of these acqs is what will Kaboom the pps. Real revenue drives even the pinks, bigtime.
What I do like is in the last two days +1B shares traded, which is 24% of the float, (in two days!)
Also, quite a large percentage of trades were buys @ .0003.
IMO, pps is basing, and looks awfully similar to USXP in Jan/Feb. before its large run.
Question is would you wait wk or 2 for a 2-400% return on your inv.
Best Regards
Not a buy or sell recommendaton.
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