GSDT Fintech Group Inc. (GSDT)

[Big_R]

Stervc- im impressed with your posts

Posted by: stervc Date: Sunday, April 12, 2009 10:37:19 AM
In reply to: None Post # of 11947
EVRM vs ID:NYSE**Compare & Contrast…

(Revision #1)

I think in order for people to understand how undervalued EVRM still is at these price levels in my opinion, I think one should compare and contrast EVRM to L-1 Identity Solutions Inc. which trades on the NYSE under the ticker of ID which last closed at over $6.64 per share with their very inferior Iridian technology as compared to EVRM’s far superior biometrics patented technology. Below is much that we all should consider to compare and contrast in detail to fully understand the maturity that I think EVRM is finally about to experience.



Market Consideration to Compare & Contrast
L-1 Identity Solutions Inc. trades on the NYSE under the ticker of ID:
http://finance.yahoo.com/q?s=id

Evermedia Group, Inc. trades on the pink sheets under the ticker of EVRM:
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=evrm



Market Cap Consideration to Compare & Contrast
According to ID’s last quarterly report, their Outstanding Shares (OS) was in the amount of 86,166,370 shares. Currently, ID:NYSE trades at $6.64 per share. That’s a Market Cap of below:
http://ir.l1id.com/results.cfm

86,166,370 shares (OS) x $6.64 = ID Market Cap
$572,144,697 = ID Market Cap


EVRM Outstanding Shares (OS) is in the amount of 578,815,837 shares. As of right now, EVRM is at .005 per share. That’s a Market Cap of below:
http://www.evermediagroup.com/Investor_Relations.php

578,815,837 shares (OS) x .005 = EVRM Market Cap
$2,894,079 = EVRM Market Cap

So…

ID Market Cap = $572,144,697
EVRM Market Cap = $2,894,079

So… to mathematically Compare & Contrast…

ID Market Cap of $572,144,697 = EVRM Market Cap of $2,894,079
$572,144,697 ÷ $2,894,079 = EVRM Undervaluation Consideration to ID:NYSE
197.69 = EVRM Undervaluation to ID by Market Cap Comparison

The above means that EVRM is ”potentially” 197.69 times undervalued in price in comparison to the $6.64 share price where ID:NYSE is trading at right now. Is this saying that EVRM should be trading at $6.64 per share? No it’s not!!! However, it is saying to me that EVRM should at the very least be somewhere in the pennies for starters and not here at .005 per share especially since they have a far superior patented technology. Now let’s compare and contrast EVRM’s technology against ID’s. This information below is also in the EVRM IBox about their eye scanner:



Mathematical Transforms used in Iris Extraction to Compare & Contrast
** ID:NYSE uses the Gabor Transform which is a very antiquated and less accurate version which requires more data storage per dimensions and characteristics.

** EVRM uses the Daubechies Wavelet Transform. This technology is the most accurate process for extracting fine iris characteristics because of using less data storage.



Quantization Methods to Compare & Contrast
** ID:NYSE under their Iridian biometrics technology uses 2-level quantization.

** EVRM under their patented biometrics technology uses N-level quantization.



Live Person Validation to Compare & Contrast
** ID:NYSE under their Iridian technology does not do “Live Person” Validation.

** EVRM under their patented biometrics technology actually does “Live Person” validation by analyzing pupil contraction and dilation to ensure that the scan is of a live iris.



Encoded Iris Data Storage Size to Compare & Contrast
** ID:NYSE under their Iridian technology has a storage size of 256 Bytes.

** EVRM under their patented biometrics technology has a storage size of 81 Bytes.



Validation of Scanned Iris Against Database to Compare & Contrast
** ID:NYSE under their Iridian technology uses a Hamming distance based on algorithm to compare a scanned iris against its iris database.

** EVRM under their patented biometrics technology performs the Daubechies Wavelet Transform of the iris image to extract the iris features and compares the results against the stored iris data.



In Summary
ID:NYSE is at $6.64 per share and EVRM is at .005 per share. I think I need to reiterate that the Market Cap for ID:NYSE is $572,144,697 as compared to an EVRM Market Cap of $2,894,079. This is a Market Cap that is 197.69 times lower than ID’s Market Cap with EVRM having a much more up to date and far superior patented technology. This is also why I think EDS made the decision to subcontract with EVRM versus ID:NYSE. This could mean that EVRM could justify trading in the area of…

197.69 x .005 per share = .988 per share

I am guessing that as details are announced about their contracts, .988 per share might not be high enough as from researching the history of EDS’ contract history; they deal in big dollars:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=36671179
http://www.eds.com/news/wins/

I am guessing that eventually now that EVRM is riding the coat tails of EDS, other companies will follow suit by researching EVRM’s patented technology to offer EVRM more contracts too. I think it’s just a matter of time before they are discovered by many more investors.

From my understanding, their partnership with EDS has opened the doors for them to partner with the remaining companies approved to service the US Army’s Biometrics Operations and Support Services Unrestricted (BOSS-U) for multiple contract awards to fill specific Tasking Orders such as Lockheed Martin, Northrop Grumman, Raytheon Company, Computer Sciences Corporation (CSC), American Systems Corporation, Booz Allen Hamilton, CACI, Cogent, Ideal Innovations, SAIC, and Telos Corporation.

Again, with the above compare & contrast thoughts posted above between EVRM and ID:NYSE, I was not trying to say that since ID trades on the NYSE at $6.64 per share that EVRM should trade at such prices too since they have a far superior technology. However, I am saying that EVRM maybe should be somewhere in the pennies for starters and not here at .005 per share.

v/r
Sterling