BB's Stock Haven

[CoinOp]

Hi thoughts on RELM? all info I got says this could run hard

RELM , so early the ibox isnt updated over there



*
Estimated Market Cap
$3,575,057 as of Nov 16, 2009
*
Outstanding Shares
650,010,410 as of Sep 30, 2009
*
Authorized Shares
1,000,000,000 as of Sep 30, 2009
*
Float(shares)
85,622,823 as of Sep 30, 2009
*
Number of Shareholders of Record
106 as of Sep 30, 2009

http://www.relmholdingsinc.com/id7.html

http://www.pinksheets.com/pink/quote/quote.jsp?symbol=relm#getCompanyInfo

DD shows 500mil restricted shares = low shares out

Filings show positive $$ millions rev already

News shows added $$ from acquires and loi shows possible soon news of these deals closings ect..

Oh well few hundred $$ says .10 can be breached

Looks like aggressive growth acquiring a lot
from todays news
"With this acquisition, Relm's annual technology revenues are expected to exceed $6,500,000. Consolidated pro forma statements will be provided once all due diligence has been completed"

news week ago

"With this acquisition, Relm's annual technology revenues will exceed $5,000,000.00. Management will provide consolidated pro-forma statements once due diligence has been completed."

Next news 8million? 10mil added revs??


http://ih.advfn.com/p.php?pid=news&cb=1258498831&symbol=RELM


main concern I see is these LOI need to be completed to work