Hey Applebottom! Great to see you here. I know you are happy with the last stock we both were in! 200-300% in a few months, wasn't bad...lol. I have been keeping an eye on this stock for over a year. I bought shares a few times hoping for news and now it has finally come. The te4am behind this is a bunch of old retired Wall street guys that have no interest in start-ups or new technologies. The announcement of the AIG deal is serios. The AIG company has a huge portfolio of consumer brands in the alcohol, confection and soft drink markets. They own bottling plants all around the world and have distribution channels already in place with the world's largest retail markets. I don't know exactly which of their Companies will be included in "NEW CO." (SNBH) but I can almost guarantee their will be more than enough revenues and assets to qualify them for a NASDQ uplisting. AIG is huge and very well established as an international Brands company. I am working on putting together as much information as I can find on AIG and will have a better idea of what the initial valuation is. I have been told by a Food and Beverage analyst that he knows AIG must be doing at least $100m in total revs and positive EBITDA. Even with half of this going into SNBH, I can assume an EV of 2-3x revs ($50m x 2.5 = $125,000,000) SNBH is currently trading at a $3m Mkt. Cap.! The question at this point is how long will it take for the street to realize the opportunity? At worste, it may take 3-5 months of Qs and fundamantal news announcements to put some meat on the bone. I can see a short term valuation of$.40-.50 cents in the next 2 qtrs. Currently trading at $.045. Patience is the what this deal demands. IMHO.
