Starfleet Innotech Inc (SFIO)

[FUNMAN]

5 Cent share price.

With 459,527,454 outstanding shares, at 10 times earnings, SFIO needs projected forward looking annual profits of $2,270,000 (that's only .005 cents profit per share) to value the stock at 5 cents.

It's not impossible, but that's way off in the future and why the company will have to do a reverse split.

A 1 for 20 reverse split with those earnings makes it a $1.00 stock.

When we get financial's and can determine SFIO's profit margin we'll be able to determine how realistic the required revenues will be to make it a 5 cent stock.



Shares Outstanding 459,527,454 a/o Oct 31, 2010


Authorized Shares 750,000,000 a/o Oct 31, 2010