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Alias Born | 02/14/2008 |
Thursday, February 28, 2008 4:16:46 PM
Imo, this stock should be valued based upon current progress + forward earnings and from what has been stated about their revenues being that of $3.7m for the year 2007, and the $3 mill year over year bonus contract, that means that the company would be profitable within 2008, 1st qtr 2009 latest.
Even if you don't believe in the story, the company is worth a penny/shr based on net assests and forward earnings.
Anyways, just my opinion, and it is always up for dispute or discussion.
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