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Re: smurfgizmo post# 46

Wednesday, 08/22/2007 4:36:29 PM

Wednesday, August 22, 2007 4:36:29 PM

Post# of 349
Everyone has agenda's, but I assure you, i will never be placing a buy order in this stock, that is not my agenda.

You like the price of .15 cents. huh? Let's explore that:

The company has 156,420,414 shares outstanding. so that is a market cap of $23.5mm. You statement implies that you think that is cheap for a company with $86.89 as their sole asset.

http://www.pinksheets.com/otciq/ajax/showFinancialReportById?id=10458

and in the 12 months ending 4/1 2007 they had $5,000 in revenue with a bad debt expense of $5,000! so the only revenue that they booked, was never even collected!!!

http://www.pinksheets.com/otciq/ajax/showFinancialReportById?id=10459

However, they do have two full time employees! So maybe you think it is worth $23mm.

you make your own choice.

anything else I can help you with?



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