Subaye, Inc (SBAY)

[throwerw]

any facts to support such a strong opinion? The fundamentals are very strong, despite the previous funny business. Earnings should continue to accelerate from here. There is a network effect at work, and this is only the beginning. The potential return on invested capital is huge if they are able to duplicate their success in other provinces. Pay about 3 mil to start up a geospecific website, get 20,000 new paying customers within the first year, get almost all your money back in the first year and have a new steady stream of revenue and earnings. How well this works in the future hardly matters given how cheap the price for the existing business is. This is an easy double, and a good long-term hold as long as they continue to grow their subscription base.