Ok, So I found a post Dated 4-2009. This is a very interested and realistic post. What he has predicted is happening. .30 per share sounds good, sit back and enjoy the ride. GLTA
04-03-2009, 07:39 PM
KingVegita2006
Member
Join Date: Oct 2007
Posts: 32
The Evermedia Group Inc. - EVRM
Potential EVRM Valuation Consideration…
Please understand that what you are about to read should be considered speculative at best until some kind of major contract with a major player is announce. From research conducted by the Biometrics Group, the biometrics industry is a $4.6 billion market for 2008 and is expected to increase more than ten percent per year through 2009 to $7.2 billion according to another report indicated below:
Independent Biometrics Expertise
[Report] Biometric & Other Electronic Access Control Systems to 2009
If you were to consider EVRM capturing just a conservative 1% of the $4.6 billion figure from the biometrics market, you would get $46 million in Revenues. Now consider the ”potential valuation” below for EVRM derived from considering a conservative 25% for Net Profits from the conservative $46 million in Revenues given its current Outstanding Shares (OS) of 438,815,837 shares:
$46,000,000 x .25 = $11,500,000 in Net Income
$11,500,000 ÷ 438,815,837 (OS) = .0262 EPS
.0262 EPS x 12 Conservative PE Ratio = .314 Per Share Valuation
All we need is one major contract announcement/signing in my opinion. This would greatly confirm the legitimacy of EVRM’s patented biometrics technology, especially if it is with a major player. Then you can bet that other major players will see EVRM’s value and legitimacy just the same. They have the right patents where I think it’s just a matter of time before EVRM is discovered. If this happens, then I would have to guess that they would obtain far more than 1% of the $4.6 billion minimum biometrics market which would give us a valuation far greater than the .314 per share I posted above. Such price could then very easily be considered a new base for a bottom to continue moving up from.
This patented technology is very real here with EVRM as it is the newly updated Iris technology as opposed to the antiquated version used by companies such as ID which trades on the NYSE at $5.00+ per share. I believe that EVRM’s patents will in due time answer how real their technology is.
This technology existing here with EVRM is awesome and save lives. Scanning your eyes for identification purposes is considered an even better source than using DNA or fingerprinting. Fingerprinting can take days. DNA can take months or up to a year. This Iris technology can take only 3 to 5 seconds. Look at the video demonstration of this Iris technology within the links below that was shown on a local NBC network news station out of New Mexico; the KOB TV Eyewitness News 4:
YouTube - KOB TV News Sex Offender Iris Scanner
Evermedia Biometrics :: Technology
Something else to keep in mind is that the acceptance of iris-based biometrics as an ID management solution is rapidly expanding. See below a few applications that have been currently implemented and are under development within the biometrics industry that will be looking to greatly contribute towards this biometrics expansion:
Evermedia Biometrics
* Military: Security Access, Enemy Combatant Identification
* Airport Security: Quick Check-in, Passport Validation, Access Control
* Banking: Payment Validation and Authorization
* E-commerce: Online Transaction Validation
I think the PKI News was much bigger than what the investing community had given it credit for. I think it's worth another read:
Dynamic Media Holdings, Inc. Announces Research Partnership Between Evermedia Biometrics and the University of Nebraska's Peter Kiewit Institute - Yahoo! Finance
To have the support of U.S. Congressman Lee Terry is huge for EVRM especially when he is the one that was instrumental in establishing a research partnership with The Peter Kiewit Institute (PKI) for EVRM as what was stated. I think EVRM will eventually become a major investment in due time for all to consider owning within the market.
