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Re: JoeSmith post# 65000

Saturday, 05/17/2008 4:10:16 PM

Saturday, May 17, 2008 4:10:16 PM

Post# of 107353
the 2.50 share price is derived using a 10.3x peer group ev/ebitda multiple applied to our 25 million 2009 ebitda estimate

that was as of january 28,2008 before the flotec aquisition which imo will change things quite a bit. i also believe we will see at least one more game changing aquisition before the end of 2008(JMHO)
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