did anyone notice it says their business growth in 2006 came to a halt after the first quarter? it was due to rebuilding their distribution network to comply with government regulations. now that that hurdle is behind them, i'd say we can multiply existing gross 06 earnings by 4, AT LEAST.
i think it's reasonable to assume 2007 revenues will exceed $9M... who wants to do the math on the O/S and calculate us a pps??
are we talking nearly .18 in revenues/share? gross margins are ~50% on the foods sold, higher for the cosmetics and supplements.
these are all wild guesses, because i don't know the share structure yet, but could it be this is a .90 stock at a 10 P/E..?
more conservatively let's calculate it using the profits from Q1 x 4...
$ 3,281,672/50M = .066/share x 10 multiple... .66/share
_________
First 9 Months of Fiscal 2006
Total
Revenue
$2,194,224
Net profit
$820,418