Videolocity International Inc (VCTY)

[TurtleBK]

Sure.

$2M-10M I'm assuming are gross revenues, and randomly guessing margins of 50% we're looking at $1-5M profit annually with a very conservative pinkie P/E of 7.5 we're looking at 7.5-37.5M contribution to Mkt Cap from earnings.

Add to that $2M-10M of fixed assets and we get between 9.5 and 47.5M total Market Cap.

Seeing as how none of these ever end up matching the math in pinkie land, I've subtracted 30% for conservative purposes to get, oh .06 to .17 (I'm just unwilling to predict .35 for the high range but that's what it would be -- I tend to underestimate these on purpose).

If the company is making 10M a year with high margins, low costs, and 10M of fixed assets this thing could easily see .40 to $1. I think that's the less likely option.

The great news is that even on the lowest end of my calculations and minus 30% just for the sake of it, we're still above .06 for the base price IMO.

I was worth 400K of the .0185's that were bought at the bell today. I'm looking for at least .032 this week.

Cheers!
BK