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Re: MRCapital post# 797

Wednesday, 10/28/2009 12:13:09 PM

Wednesday, October 28, 2009 12:13:09 PM

Post# of 9926
You sure are negative. Have you read any of the facts that were posted? You sound like your trying to bash this lower.
As of last quarter there are a total of 120 million shares issued and outstanding. I believe 50 million are floating.

Revenues are on target for 70 million this year. If margins were very low , lets say 5 percent that is still 3.5 million profit. 32 multiples are not uncommon in this industry you can do the math.

I think on the product side margins may be 60 to 80 percent.

However you try to bash it, the facts show this company is significantly undervalued.