This is probably one of the most undervalued undiscoved Jems I've seen on the pinks in a while.. The float is only 78M shares.. Someone could buy out the entire float for $110,000... Of course I'm not saying thats anyone will do that, but its a cheap float to buy.... With the marketcap sitting at $442K, and A potential acquisition worth $25M in the works that could we could be trading 50X this price..
New O/S = 299M
299M / $25M in revenues = EPS of .0836
C'mon undervaled?????
Estimated Market Cap
442,035.595 as of Aug 14, 2007
Outstanding Shares
276,272,247 as of Aug 13, 2007
Authorized Shares
500,000,000 as of Jul 18, 2007
Number of Share Holders of Record
912 as of Jul 18, 2007
Float
78,032,846 as of Aug 13, 2007
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