![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Saturday, April 07, 2007 5:07:56 PM
The longer you stay in "penny land" the more hesitant you will be to give price projections. It is almost more a matter of doing your homework and putting your money where it makes the most sense. WRNW has given projections of around $10 million in income for 2007, give or take. If that is anything close to accurate I would use the total Authorized for WRNW of 500 million since this would be the biggest possible share count. Those conditions give you $0.02 a share, which is about 4x where we are now. If they announce profitable M&A's , better than expected oil recovery etc. , who knows? Personally I hope to see a nickel soon and what follows depends on what the company demonstrates it can do. In my experience with microcaps the biggest factor is management. If we have a company well run by individuals intent upon going as far as they can take it by legitimately growing the company we will be fine.
...all my opinion...
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM