InvestorsHub Logo
Followers 7
Posts 976
Boards Moderated 0
Alias Born 05/20/2006

Re: None

Wednesday, 02/06/2008 7:58:08 PM

Wednesday, February 06, 2008 7:58:08 PM

Post# of 85176
Just had a nice talk with the CEO Doug Mann. I think he's really got his head on straight, and will turn this company into a success. For the record they haven't made any bad moves so far that I've heard of. I'm sure the company was massively shorted last month, don't know if they've covered or are trying to now, and are out of panic sellers.

I also worked out the math today, the company only has to make $25,000 this year to keep "fair value". 25 million share O/S X .01 = $250,000 market cap, divide by 10 Profit/Earnings ratio = $25,000.

Anything think they'll make less than that in '08?