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Re: Mikey post# 2809

Monday, 08/17/2009 11:35:57 PM

Monday, August 17, 2009 11:35:57 PM

Post# of 8575
Your instincts about companies have been Ok.

We've just had a slew of stocks choose to go the rout of dilution & screw investors instead of giving their own business a chance to grow. That's the only reason I continue to wonder what happens here.

We're not out of the woods with these guys yet. They have the potential to grow a genuine revenue producing company. Let's see what Roth does.

It's being reported by other posters that Banc of America Investments shows a P/E of 2.7

Also it's reported that Scottrade is showing a P/E of 2.7

This would give us a Fair Value well over .004

A potential run to .025 or even .03 is very realistic.

I've seen stocks with a bigger OS than this & much worse financials run to 5 cents on hype. Anybody remember IBIZ? They went .08 on pure hype with 2.5 billion OS & never made money.

This company is making money & I too have a pretty good feeling about our prospects! But, I just hope that share holders get a chance to get paid along with management.
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