InvestorsHub Logo
Followers 12
Posts 577
Boards Moderated 0
Alias Born 03/26/2005

Re: stanu78 post# 684

Wednesday, 04/23/2008 1:10:46 PM

Wednesday, April 23, 2008 1:10:46 PM

Post# of 785
stanu78: Do hope you read this:

Eternal Technologies Group Inc. (ETLT.OB) Revenues were up 24% last year. But you don’t need to focus on the growth story here. Just look at the net current assets on the balance sheet. These are substantially more than the market cap. If you did a LBO of this company, you could pay for the whole thing with the current assets, and get the business for nothing.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.