Galaxy Nutritional Foods, Inc. (fka GXYF)

[zsvq1p]

Company Valuation Compare.
12/15/07

 
 FINANCIAL......	GXYF.OB Converted	Tofutti (AMEX:TOF) 
 PPS..........	$0.255          		$2.836 
 OS shares....	25,741,218       		5,653,467 
 Market Cap...	$6,564,011      		$16,033,232 
 Revenue (TTM)	$24,919,032     		$18,613,000 
 Net inc. (TTM)	$1,738,703      		$443,000 
 EPS (TTM)....	$0.0675         		$0.0784 
 PE ratio.....	3.78            		36.19 
 EBITDA.......	$2,810,000       		$881,750  
 Stockh'r Equty	($1,972,000)    		$4,010,000 

You look at these two companies that are alot alike....

Considerations
- We have all been lead to believe that the supply agreement will be modified. The supply agreement must have little consideration..
- The above assumes fully converted.. of which the Shareholder equity has little value as a figure
- GXYF makes more money
- GXYF is brand leader.. that fact has much value

One can conclude GXYF value should be very close to TOF.... $16 mil/25,741,218 = $0.64

and anything less is shareholder theft! It is my greatest urging that the company does not sell in today's market. Timing is very bad and would be poor board decision.