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Re: RonnieD post# 20037

Thursday, 12/07/2006 6:47:25 AM

Thursday, December 07, 2006 6:47:25 AM

Post# of 82105
Good Morning Ronnie- You know why!

So obvious. History of posts shows agenda.

Regardless of general basher bs, pleased w/GBDX being proactive in releasing PR's that address issues of concern to shareholders and relate to pps strength.

It's simple math, not conjecture. 400M+-O/S / 120M+-float and now reduced A/S to only 900M+-; with $18-29M annual revenue to start = .06+ pps. This figure is w/o including the 5-10X multiple normally applied; which would =.30+ pps.

I still hold to my opinion from past experience w/former mgmt. of WWCD of successful mergers and strong ramp up of revenue and pps nearterm. When merged w/ WWCD, mgmt.increased revenue, got FDA approval for dist. of produce segment; and sold it for $2M+ cash profit. As shareholder, made excellent return from it. Now, former mgmt. of WWCD merged w/GBDX to do same. Generalities from posters on bs dilution, whatifs w/preferred share position, etc. not apply w/GBDX. Plus, the JV is so huge and not too many get it.

Yes, if smart, traders should have played pps up/down w/flippers and chart/tech indicators to make $. But, does not take away from potential large gains now at this level w/such small share count and real revenue potential nearterm. IMHO, largest gains come from playing both shortterm direction for inherent gain, AND big hit from real strength created from revenue/small share count.

Best Regards
Not a buy or sell recommendation. My opinion only.