InvestorsHub Logo
Followers 28
Posts 15120
Boards Moderated 1
Alias Born 02/06/2007

Re: Stock_Barber post# 194002

Monday, 12/06/2010 2:18:00 PM

Monday, December 06, 2010 2:18:00 PM

Post# of 202893
Good morning SB,

What I think that a lot of people are missing about this R/S is that the O/S is going to be 35,000,000 after this happens with a very low float. The float should stay at this level for at least 6 months even if shares are issued since they would be restricted for that time period. The float could be even lower depending on the number of shares that are out in cert form.

With the A/S at a 100 million shares(I would prefer 75 million) this puts it in line with others in the industry.

Given the low float, and a relatively small A/S and the prospects of improved revenue once Matthews and NWG kick in I for one see a much better pps for this stock in the coming months.

JMHO

Basser

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.