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[DonLeopoldo]

This CBPC chart would represent that $2,500,000 Market Value situation, at the $0.0036 GAP.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=30863888

That company holding a bit above 112 million shares (Monarch Capital Fund Ltd.), could sell the shares above $0.0035 and exercise the warrants with the proceeds.

Of course, news will be needed, but with the A/S maxxed out, CBPC could go up to the MA(200) and that holder would make a double (average profit). And then exercise the warrants after the split.

I think that if the CD's were paid-off, this chart would go up to above $0.0035 where the warrant holder makes a profit.

$1,500,000 to pay the CD's and $5,000,000 from the Warrants.


AT $0.0035: CBPC would have a market value of $2.5 million before the warrants are exercised, and a market value of $7.5 million after the warrants are exercised. CD's paid-off, and there would be no debt, and CBPC would have $3.5 million in CASH, ... enough to go ahead for a couple more years and try to succeede.

A company that makes $1 million in revenues per quarter, can perfectly have a market value of above $7.5 million.

In fact, should be around $12 million, with a multiple of 3.

$12M/700M= $0.017, which is our major resistance above MA(200).


A market value of $12,000,000 is not at all out of the question, if the company would release some decent news. CBPC 2 years ago had a market value of x3 times that ($35 Million).


But again, we have no news and all is in the air. We have the chart with support at 0.0008 and resistance at $0.0013.

$0.0013 is the price where below it all the panic shares were sold last week after the R/S announcement.

I find it interesting that with over 150,000,000 shares traded, and that BAD news, ... the price didn't go much further, and didn't even hit 0.0008 that day.

If we break $0.0013 at EOD, we could think that the "panic shares" will have been accumulated.


So, we have $0.0008 support (market value= $560k) and $0.0013 resistance (market value= $910k).

These support and resistance levels correspond to a market value lower than 1st quarter revenues (we should see 2nd quarter revenues to see if they are better or not).


Still lots of information needed, but the chart should show what's going on, whether we go below $0.0008 or above $0.0013. And I don't see us breaking $0.0013 this week, as per the chart (ascending triangle's base resistance not clearing until a few more sessions.)



CBPC_2008-Jul-21.GIF



http://stockcharts.com/h-sc/ui?s=CBPC&p=D&yr=0&mn=6&dy=0&id=p01578006735






Follow me at your own risk; look where I'm fishin' LOL
All I say is my opinion &I could be wrong. Do your DD!
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