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Re: ORCA post# 101953

Friday, 09/11/2009 11:11:55 PM

Friday, September 11, 2009 11:11:55 PM

Post# of 241509
Then how much should the majority of these companies be worth with no revenue and weak potential?... Many are trading at higher market caps.

For the 100th time, stocks are valued based on FUTURE potential..... 99% of pennies would never move if they were valued based on what they've accomplished

Look at Converted Organics... $2,300,000 revenue, over $20,000,000 debt and a $30,000,000 market cap... and the PPS is near it LOWS. Its traded with a cap MUCH higher than this

WNBD has very little debt (per Eric), because its converted via 504 and they could surpass $5,000,000 revenue with 1-2 USA NA's...and it trades at 1/3 of the price of that stock.

WNBD is a good price for this "stage" IMO... this is not a development stage company.

My posting contains many opinions. So please do your own research and validation.



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