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Re: None

Saturday, 05/23/2009 12:05:45 PM

Saturday, May 23, 2009 12:05:45 PM

Post# of 16989
I ran some numbers to come to a fair market value for NSMG shares:

April Revenues of $610,000 x 12 months = $7,320,000 Annual Revenues

$7,320,000 / 176,250,384 shares = $0.0415/share

That's without any multiplier and without any growth from April's sales figure.

I would typically apply a multiplier of 3 on the conservative side:

$0.1246/share


With a major hurricane heading for the U.S. coastline, I could see it spiking even higher.

Rhino