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Re: None

Friday, 11/14/2008 12:02:51 PM

Friday, November 14, 2008 12:02:51 PM

Post# of 42763
Lets talk about the huge outstanding shares which some have posited to be around 8 billion. If the company becomes profitable and earns say $40 million, and had 8 million shares, it would earn $5 per share. A billion is a thousnad million so 8 billion divides the $5 by 1000 for a net of .005 or a half a cent per share. Give it a reasonble price earnimg ratio of 25 and the stock would trade at .125 which was around the old April 2006 high. That's the reason to be in a super speculative stock such as this one.