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Re: MJAM2020 post# 326

Monday, 04/14/2008 10:03:30 PM

Monday, April 14, 2008 10:03:30 PM

Post# of 2594
I think looking at the DIAS and all of the Michigan officials who attended the opening, and considering the fact that JPCI's owners, who obviously have a lot more info then we do, are basically giving them this shell, getting only reembersement for legal expenses, and making their money off of the value of Componus post merger, I'm of the opinion that it's pretty clear already that this is on the up and up.

Right now it's basically a question of finalizing the merger, and determining the actual value of the company. They underestimated their 2006 revenue forecast a bit vs. actual results, hopefully that trend continued in 2007, and will continue in 2008 and 2009. If those revenue forecasts are accurate they are well past those 2006 numbers already.

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