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Re: Calibob post# 669

Thursday, 06/19/2008 8:39:46 AM

Thursday, June 19, 2008 8:39:46 AM

Post# of 1902
I left a voicemail for Tompakov late yesterday. Also spoke briefly with the receptionist and a guy in customer service. Sounds like a hell of a business. Tried the Mutualoan website which seemed to work very well to determine how much I could borrow on my mutual funds.

Would like to get confirmation of $100 million revenues. I am thinking that $100 million may be the total loans they carry, but just guessing. If that is the case, if you figure 10% annually on the loans, that is $10 million gross profit. Even if expenses are high and net profit is only a couple million dollars, this is undervalued by at least a factor of ten.

I'm buying more at the open.
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