Monday, January 18, 2010 4:30:43 PM
RHGP has been quietly catching up on its late SEC filings. With the five quarterly reports filed this month, I believe RHGP is now fully caught up. I think it would be reasonable to expect to see an uplisting to the bulletin board sometime this year or early 2011.
RHGP has pretty much fallen off the radar screens of most investors. But I think there is a fairly decent chance that RHGP will at least double/triple in calendar 2010. Renewed investor relations activity, uplisting, equity investments by institutional investors, improving business prospects, etc. are all possibilities that could trigger interest.
The possibility of some type of significant activity occurring on the diagnostic kit side of the business could catch some investors by surprise (see below). I've also noticed that RHGP has placed advertising in the last few days for some employee positions in finance and marketing.
Over the next two months RHGP should be filing two earnings reports (2009 10-K and 1Q 2010). I would probably expect to see one of these filings mention whether RHGP will enjoy any extension of the tax holiday (which was scheduled to end December 2009 for RHGP). On a fully-taxed basis, I'm expecting/guessing that RHGP's current business operations should produce minimum EPS of 20 cents in 2010.
Diagnostic kit information....
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45050184
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