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Re: souwester post# 5878

Thursday, 08/26/2010 7:14:16 PM

Thursday, August 26, 2010 7:14:16 PM

Post# of 92702
they had 670k debts which is very small for pink stock. In my calculation(post# 5470), the bottom profit line for their 50% discounted shares are 0.0005. What happens after the debt holders are done for selling is, creates more buying pressure because pps is drawn down by heavy selling from those high rate discounted share selling.

Since RIGH wiped out debts almost all, the company is now at very good status, no debt, more revenue(they made more revenue in last filing even when their product is not even promoted actively), low pps, low o/s 1B, low a/s 1.5B.

I personally think this stock deserves over a few cents if they lock the a/s. But I'm looking for 0.002 which looks as guaranteed to come soon.