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Re: Dem Franchise Boyz post# 6363

Wednesday, 03/12/2008 10:35:44 AM

Wednesday, March 12, 2008 10:35:44 AM

Post# of 49777
Posted by: EB119
In reply to: None Date:3/10/2008 12:15:40 PM
Post #of 6363

PPS projection...

Today PR projected revenues of 7 Million Dollars for 2008

Share structure from iBox
1,925,000,000 Authorized
1,924,573,155 Outstanding
1B Float

Earning per share = 7,000,000 / 1,925,000,000 = 0.0036

Let's take P.E. = 12

PPS = 12 x 0.0036 = 0.0432

We're way too undervalued with the current PPS...

Any other comment?

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