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Wednesday, September 12, 2007 7:46:27 PM
With revs of 1M+ down the road, and a conservative 25% profit margin, we're looking at $250,000 in profit...
Divide $250K by 500M shares you get .0005 EPS, then once again using a conservative P/E ratio of 10 (which is very low considering the rapid growth opportunity of this sector) and you get .005 PPS, ten bags from today's close.. combine this with the penny trading momo factor, and that impressively low, nearly maxed out O/S, and this could go through a penny imo.
All depends on the way they decide to raise capital, if they're smart this could run a long way... No R/S is definitely a big plus.
All posts are in my opinion. Do your DD.
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