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Tuesday, May 19, 2009 6:29:22 PM
There is not a trader/investor on this site that knows the value of EESO. Sure we can all figure the market cap, but the true value of the company is only known by insiders.
The possibility of the share price having any effect on the buyout offer is also absured. Everyone here really needs to get a grip on the potential of the products, as well as how many people have their hands out when there is money to be made.
Let's look at a couple of possibilities here:
The 12 million dollar contract for water remediation is one that has been PR'ed. The PR stated EESO with the Lee's, in association with DOW. The Lee's buy the product from EESO, then sell the product to Dow Korea, who in turn sells the product to Han Bool to be utilized for the water remediation project. This type of busisness is done all the time, and you have to grease the palms of the big players to get the big comtracts. There are many drinking reseviors throughout Asia, and the possibility of this operation being carried out on many of them is forseeable, if it is successful.
With that in mind, and also the products are being shipped on a monthly basis for the period of one year, it is quite possible that this type of preventive process would be carried on for many years to insure the lakes remained free of contaminants. So given this possibility, how many lakes could they recieve contracts on that could become reoccuring revenue streams for this one process alone.
We need to look at the BIG picture, and realize the future value of these types of contracts as opposed to telling Jared that EESO needs to be sold for 200 million. In closing I'll say it again. The insiders are the only ones that know the true value of EESO, and we shouldn't expect them to sell for peanuts.
All in my opinion.
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