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Thursday, 09/24/2009 7:55:44 PM

Thursday, September 24, 2009 7:55:44 PM

Post# of 83049
Ok my math might be very rusty! But I'm getting appr.$50,000,000. net the first year, with 4,000,000,000 shares divided by. I come up with appr. .0125 per share earnings a year for the 1st year projections. Now I may be way off but that is I think actual earnings per share. With no pps multiple? 10 x earning to me = a share price of .125 cents and with a new company and a multiple of 20 after LTF is in place wouldn't the share price reflect closer to .24 cents a share?? I guess I must be missing something since it should be earnings for the year times a multiple depending on their growth rate??? Thanks for any positive input! naysayers can just move on. Thank You
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