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Alias Born | 06/08/2009 |
Monday, October 12, 2009 6:05:11 AM
Outstanding Shares.....170,200,983
8-k 28 Sept 09..........38,000,000
8-k 9 Sept 09 Cai........3,000,000
8-K Aug 2009...........50,000,000
Total.................261,200,983
Some of the shares vest at 12 cents but I figure were pretty much there. These 8-K were all about officer remuneration. Further dilution is expected from buying Subye and other companies but at least these give revenue growth.
Net Income over last 4 Quarters = 8,439,708
Rebasing the EPS using ttm net income and latest share count = 0.03
With PPS of 0.115 that gives... P/E = 3.56
This is what you were quoting on Emerging board Trader so I think I'm there
In my notes I've got them down with $2 million more Revenue in the coming Sept Quarter - I think it's because they are now charging for a website. Anymore revenue boosts I'm unaware of gratefully excepted
rich
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