Value Microcaps Motherboard

[researcher59]

bobkubecka: MLOBF EPS of $0.21 is pre-adjusted for a pending 1 for 3 reverse stock split, as per the share count .... so actually $0.07 for the current stock price of around $1. But that's still a PE of under 4, annualized. It's not clear when the split will occur, but this from the prior 10Q -

A Special Meeting of Shareholders was held on October 30, 2006. The purpose of the meeting was to consider and vote on a proposal by the Board of Directors to complete a 1:3 reverse stock split of the Company's issued and outstanding common stock and to consider and vote on a proposal by the Board of Directors to amend the Articles of Incorporation to change its name from MIAD Systems, Ltd. to Melo Biotechnology Holdings Inc. These resolutions were passed by 100 % of the shareholders represented in person or by proxy, representing 2,300,000 shares, which is 61.97% of the issued and outstanding shares of the Corporation.