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Re: doboy408 post# 157706

Monday, 10/09/2006 11:27:41 PM

Monday, October 09, 2006 11:27:41 PM

Post# of 315345
Very simple. No one wants to buy right now. MM's are line up on the ask. Especially VNDM and TASL. Quarterly report says 21k in revenues for the last quarter, $16,900 of it spent on office equipment, over $22 million in net operating loss, and O/S could be anywhere from 13.4-17.6 billion, does that all justify a .0005 price per share?

calculate the company's book value and see what you come up with......

Determine Company Book Value..

There is an easier way to gauge value. Price-to-book value (P/B) is the ratio of market price of a company's shares (share price) over its book value of equity. The book value of equity, in turn, is the value of a company's assets expressed on the balance sheet. This number is defined as the difference between the book value of assets and the book value of liabilities.

Assume a company has $100 million in assets on the balance sheet and $75 million in liabilities. The book value of that company would be $25 million. If there are 10 million shares outstanding, each share would represent $2.50 of book value.


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