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Re: J-Rhino post# 120614

Saturday, 02/13/2010 9:32:25 AM

Saturday, February 13, 2010 9:32:25 AM

Post# of 241044
Revenues are what counts and after three years that isnt very much. The market cap here is completely out of line with the revenues. A $16 million market cap for a company with $500,000 revenues is out of whack. A company with revenues of only $500,000 and one that has been around for three years should have a market cap of $2 to $3 million at most imo. That would put the share price at around .015 to .03 per share. A price to sales ratio of 20 is way too much. Most companies dont even have a Price/Earnings ratio of 20 let alone a Price/Sales ratio of 20.