Alternet Systems Inc (ALYI)

[lesgetrich]

If their $30 million/yr revenue projection is correct, they can absorb a lot of dilution without any problem. Assuming 10% profit margin and 1 billion outstanding shares (the OS is currently around 400 million)...

$30,000,000 x 10% profit = $3 million

$3,000,000 / 1,000,000,000 shares OS = $.003/share EPS

$.003 EPS x 72 PE = $.216/share pps


Dilution is not the issue. The problem is credible proof that they can do what they say they can.