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Re: PRAE post# 6704

Sunday, 05/25/2008 7:50:28 AM

Sunday, May 25, 2008 7:50:28 AM

Post# of 49661
Looking at the March 31 financials on Pink Sheets; for the full year 2008, Revenues could hit $10 million and Profits $2.5 million.

Retail China growth stocks can be valued two ways:

6X revenues = $60 million
30X profits = $75 million

180 million shares = 33 cents to 40 cents

Currently trading under 2 cents?

Yes, I think it's a STRONG BUY.