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Re: STOCKMONSTER post# 578

Thursday, 04/30/2009 6:42:00 PM

Thursday, April 30, 2009 6:42:00 PM

Post# of 27507
.02 Huh?
Lets give it a rational look see.
65,250,000 shares outstanding per most recent filing.
( I'm guessing that figure is low by now but I won't guess)
X your figure of .02 equals a market cap of $1,305,000
( current real time market cap of $241,425 )
Well that would be a 5.4 x increase.
We should probably deduct the last reported liabilities from the market cap
Total current liabilities $407,440 (from the last 10-q)
$241,425 - $407,440 = (-166,015)
Gee, thats a negative market cap
Lets take your figure of 1,305,000 and see what the multiple is now...
Wow 7.8 X increase
Do you really think they sold that much Bio-crap in two initial orders?
To quote the man " You can't get there from here"