Enzyme Environmental Solutions Inc (EESO)

[bonzo4040]

Keep in mind that some companies will grossly overpay for what another company has created.

These 2 paragraphs are from a story CBS did on Facebook when Microsoft bought a piece of the company. The link to the full article is below.


Which is why Yahoo! offered to buy Facebook in 2006 for $1 billion in cash. Zuckerberg declined. But then in 2007 Microsoft swooped in and bought 1.6 percent of the company for $240 million.

That meant that Bill Gates valued Facebook at $15 billion, roughly the same as Ford or CBS. Some analysts say that's wildly unrealistic, since Facebook has yet to figure out how to make money off its huge audience.

http://www.cbsnews.com/stories/2008/01/10/60minutes/main3697442_page3.shtml

I'm not saying we have the next Facebook here- But companies buy other companies due to potential.