LIGATT Security International (LGTT)

[bman007]

If he is buying up to .10, that means he needs news that will spike us to over .20 IMO!!!! It goes like this:

With 80 million shares and revenue of $15 million (a guess based on offices and number of employees) we would need to be at .1875 to be at 1X revenue. Many hi-tech companies trade at 3X revenue or higher but let's be conservative.

Even if Ligatt only had enough revenue to pay for 100 employees, we would be trading at .10. Now he is hiring so he probably has revenue projections higher than just enough to meet payroll, huh?

And let's assume he has growth projections in revenue and we trade higher than 1X earnings. Yeah, well over .20 folks. The reason we are still below a penny is simple. Nobody completely trusts rumors and everyone and I mean everyone is scared to own ANY stock more than a few days. Once Greg's plans are official via filings with SEC, we explode IMO.

Personally, he'll need more than .10 to get my shares!! : )

Also, news has to be imminent. Greg has been around the block and knows you only have a few days to get traders excited. He can't put out twitters saying very very very very soon and have us wait more than a week. Too many would disappear and we'd be running uphill again. So I'm guessing the documents that needed signing Friday were the filings to the SEC and we see it on Edgar Monday or Tuseday!! : )