Wednesday, November 18, 2009 6:05:49 PM
*
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
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Float(shares)
85,622,823 as of Sep 30, 2009
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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?? each acquisition has nice revs sure starting to add up
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
Quiet before the storm
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