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Re: jk21 post# 9099

Thursday, 09/20/2007 2:02:21 PM

Thursday, September 20, 2007 2:02:21 PM

Post# of 49126
Still very undervalued here...


Down the road $1,000,000 in revs at 45% margin is $450,000 profit

Divide $450,000 by 1,655,488,664 shares you get .00027 eps

Multiply your .00027 eps by a p/e ratio of 20 and you get .0054... more than 10 bags from .0004. Even using 07 revs we're still 5x undervalued... and mind you a 20 p/e ratio is conservative for this sector.

Not selling any shares here.. 4 bid hasn't budged at all.

All posts are in my opinion. Do your DD.

Volume:
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Total Trades:
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