EnviroTechnologies International Inc. (ETII)

[punk153]

Read this 10/12/10 PR more closely:

"Healthnostics, Inc. (PINKSHEETS: HNSS), a medical and biotechnology analytics company, has agreed to acquire a medical manufacturing company on multi-year terms that include benchmarks of a first year profit target range of $300,000-$600,000 and a second year target range of $600,000-$900,000. These numbers do not include the benefits of reinvestment by the company in (a) manufacturing, (b) existing company products, and (c) reduction of outstanding shares through company purchases. As a result, the medical manufacturing profits can potentially have a multiplier effect on the Company's earnings
per share."

So this manufacturing facility alone is going to have 100% low growth ($300,000/$600,000) or 50% high growth ($600,000/$900,000) in profits on a year over year basis (and this is only initially). This facility alone will add between $0.02 and $0.04 to the company's yearly earnings per share the first year (150MM shares). The stock is trading at less than a penny folks!

Did they just mention a further reduction in the O/S??? :P

For crying out loud, it is only at 150 million shares and I am sure much of that is owned by insiders.

Can you imagine what another 50 million shares taken off the O/S would do to the stock?

Not targeting you wcrash, just trying to update new and potential investors. This stock can't get much sweeter.

Last post today. Have a great night everyone!

IMO