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Re: Arrow335 post# 197

Wednesday, 03/21/2007 12:17:40 PM

Wednesday, March 21, 2007 12:17:40 PM

Post# of 278
The CEO actually seems like he might be decent, and the press is unheard of for a pinkie. I may even pick it up if the price were right. Fact of the matter is, its way overvalued. Even if they sold 30,000 Urns, at $1500 each, that would be $45M revenue, over 3.5B shares would be .012. That is not factoring in any costs. They got $50k in revenue last quarter, but ran up $500k in expenses. Way overvalued for the current mode, and that is with a factor of 30,000 Urns, which until they have numbers out and production capacity, I'm not even going to touch

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