Shanrong Biotechnology Corp (SRBT)

[mrt1998tx]

I cannot imagine DFSH would bother (or be able) to sign up 7 refiners unless they had a commitment for oil from the Iraq Minister of Oil.

And I cannot imagine DFSH would bother to let the cat out of the bag about the refiners unless they were close to finalizing a deal (or deals).

Let's say DFSH is able to broker a single transaction between Iraq and one of their refiners. That would yield millions of dollars to the company. Maybe $50M. Maybe more.

$50M in revenue for a company with a float of 32M is like $1.50+ per share. Put a PE on the earnings of 5, and this stock should trade at $7.50.

Today DFSH closed at 24 cents. Are you kidding me?

Mr. T.