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Re: Lebaneseproud post# 68961

Friday, 03/30/2007 9:44:35 PM

Friday, March 30, 2007 9:44:35 PM

Post# of 173838
You are correct after doing the math with SYTE.OB. I come to about .014 for the year. I figured about $1.2 Mil for the year with 88 Mil o/s. However, the CEO owns about 25% of the o/s and has a salary of 67K per year. In another words his wealth is tied directly to the performance of the stock providing he doesn't dilute again. If they do .014 x 3=.042 per share for 07. That could very easily become a PE of 15 which comes to .60 for a 5 bagger from here. With penny mania who knows a buck isn't out of the question. Regardless I think this guy understands business and really has a chance at the American Dream.
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