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Re: Ex Blockman post# 49008

Thursday, 09/02/2010 10:23:25 PM

Thursday, September 02, 2010 10:23:25 PM

Post# of 111214
if EIGH performs $2 million a quarter in shareholders equity (Assets - Liabilities = Shareholders Equity) (Shareholders Equity = Retained Earnings + Share Capital) Retained Earnings is $985,000 as per the PR which means the Share Capital is around $1,115,000...the stock could be worth $1.00 a share based on fundamentals alone...

right now...its worth about $0.25 based on this 1 quarter and with a P/E ratio of 10