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BiotechValues

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BiotechValues

Re: None

Tuesday, 02/26/2008 8:45:12 AM

Tuesday, February 26, 2008 8:45:12 AM

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LTUS (Lotus Pharma) make good of .28/share for 2008, and .35/share 2009

Today's news from LTUS increases fully diluted share total to 50M 9an increase of 5.75M shares.

I'm not a fan of dilution (who is?), but their make good targets on the placement include .28/share income for 2008 and .35/share income for 2009.

That's a PE of 3 and 2 for 2008 and 2009 respectively based on SP of .81/share. Stupid cheap- especially for a stock now committed to a Nasdaq listing.

http://biz.yahoo.com/prnews/080226/cntu016.html?.v=44
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