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Alias Born | 11/16/2010 |
Saturday, November 27, 2010 9:40:03 PM
Just to recap the finer points:
1. This company was reversed into as an easy way to incorporate saving lots of money and filing fees. This happened in June 2010.
2. The company has recently begun a joint venture with a wind turbine energy company in South Korea.
3. The company has been diluted to about 1/40 of its previous value. This easily explains the price discrepancy since June.
4. The company cannot (and probable will not) dilute much more. AS 2B OS 1.2B
5. The company that SBRH made a joint venture with has exclusive access to government contracts in South Korea.
6. A government contract in Green energy could run into the hundreds of millions in investments and possible revenues.
7. The current book value of this company exceeds its share price about 3 to 1.
8. A contract over 1 Million dollars would justify a share price approximately 5 times the current one.
My observations, please feel free to add to this list. GLTA
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