Complete Care Medical Inc. (fka CCMZ)

[emulwa]

Patience! My fellow investor. As soon as we hit profitability (Net Income), then we will be able to do valuation on CCMI, and the stock will be trading on fundamentals rather than emotions. The company has outstanding Shares of 48,142,000 (48Mil) as of 2005-06-16 according to pinksheet site.
Here is an example of valuation:
Assume profits of $1million and Industry PE of 50
Then,
EPS = 1,000,000/48,000,000 = $0.0208 (EPS)

PPS = PE x EPS
50 x 0.0208 = $1.04 Price per share. (Here’s your $1 now).
Of course revenues need to grow steadily, and the company needs to become a reporting company by moving over into another exchange IMO.