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Re: nitro1™ post# 20010

Monday, 04/23/2007 6:45:00 PM

Monday, April 23, 2007 6:45:00 PM

Post# of 25904
You can't think price per shares. You need to first think value of the company and then divide by 2.5 billion to get the share price.

To be worth a dollar a share you need to value the company at $2.5 Billion which translates to at least $100 million in EARNINGS PER YEAR.

This is a long way from that, if it's ever going to get there.

I'd say five to ten cents in a year or two would be great. Even that's a five hundred to a thousand fold increase from here and a market cap of 125 million to $250 million or EARNINGS once again, of 5 to 10 million a year. Don't forget that's for the JV or the partnership share of 30% to 50%.

It's nice to dream but keep a sharp pencil handy and learn to divide by 2.5 billion.