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Re: sagan post# 1975

Tuesday, 07/20/2010 10:42:36 AM

Tuesday, July 20, 2010 10:42:36 AM

Post# of 56374
I think patience will pay. I am encouraged that the current management have at times gone without pay and have clearly stuck with it over some of their most difficult periods.

Farid seems to be a man with a mission and a plan verses Weaver who did a lot of talking but never seemed to get anywhere.

Farid has increased sales from, I think, about $2.8 m in 2006 to $6 m in 2007 and the recently released 2008 numbers of $7 m at near break even for 2008. In my opinion, this show his plans are coming to fruition.

Hence, at todays price, I see the market cap to be well undervalued based upon 2008 alone. When 2009 and some indication that India is taking off, I hope my patience will prove vper to be a multi dollar stock with a future off the Pinksheets. Hopefully this will put an end to the market manipulation.

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