JNS Holding Corp (JNSH)

[jdeutsch1]

Wow, just got up and read the news. Quick valuation estimate:

Pre-buyback, assuming price of 1x current year revenue, $5.5 million divided by 9 million outstanding unrestriced shares gives us a share price of 61 cents. Post buyback would be $5.5 million divided by 5 million shares equalling 1.10 share price.

This is conservative IMO without additional stores revenue and no short squeeze. I expect the news on CUSIP change later this week.

We are going higher.