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Re: Grozny post# 67377

Wednesday, 07/21/2010 9:17:04 AM

Wednesday, July 21, 2010 9:17:04 AM

Post# of 103302
UPDATED . . . based on $77,710,288 USD per year revinue and 3,billion shares Authorized = .025 per share

give a P/E of 100 = $2.5(PPS)

But these numners are all based on LOOSE facts and should not be taken as fact

Let me correct this:

the market only looks at the first 2 digits in reported numbers so they would see .02 earnings on 3 billion authorized.

Give a P/E of 100 = $2.00 (PPS)

NOW do a reverse split of 1 for 10 and that .005 becomes a factor and boosts the earnings from .02 to .25 a 20% increase in revinue without doing anything..... Things that make you say Hmmmmm. it is all perception.

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