Posted by: trader79 Date: Monday, July 14, 2008 9:50:35 PM
In reply to: The Rainmaker who wrote msg# 5479 Post # of 5483
Rainmaker
About ~NPIA~
I dont think any outsiders know what company with R/M with
~NPIA~,possibly not even Infinity at this point.
The only things we do know is that the current O/S is
165,539,741 confirmed by T/A on 7/14/2008 and that
Infinity Capital Group, Inc alledgedly purchased 87.5% of the O/S.Which would mean that only 20,692,467 shares can be left for the public.
Infinity claims-"Infinity targets privately held emerging growth companies, across a broad range of attractive industries, with revenues of US$5-$15 Million".
So in effect if you divide a 5-15million$ company by 165,539,741 ;you get a valuation range of .0302--.0906 per share.
I interpret that as meaning they will not indulge financially on any company under valuation of 5 million$.The hook is that there are many companies that are valued greater than 15 million$ doing the R/M because of Sarbanes/Oxely and would be attracted to Infinity for the additional financial help they can establish.The reason I bring this up is because of one of Infinitys' similiar plays ~SENR~ which is currently valued at $51,538,902 as of Jul 11, 2008.
Based on how reliable Infinitys' word is,this has the potential to really fly just on anticipation of that.I believe some further DD needs to be done on Infinity Capital Group, Inc.
Its going to be interesting seeing how this plays out.IMO,the price should NOT correct very much due to such a low float and the fact that current retail just entered today.We should be close to bottom now.
If the price radically falls lower than .001 and doesnt immediately recover this very well could be the old fashion P&D.So far it has the feel of something
very real.Ive already signed up for a copy of Infinity Captial Group's initial public offering prospectus.
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