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Sunday, January 30, 2011 8:14:10 PM
Of course 60 million shares would equal only $300,000 dollars market cap. Now suppose that DKAM reports 500,000 dollars in revenue for the quarter that ends tomorrow. That would be at a rate of 2 million in revenues for the next year, which would, have the price to sales ratio of the stock at .15... A price to sales ratio of 1 is considered low, but just to get back to 1 the stock would have to rally 667% or back to .033.
Bottom line, for an emerging small cap, REVENUE IS KING, and DKAM's revenue is growing at a huge clip, therefore by any measure, DKAM is selling at a huge discount to a normal Price to Sales ratio...
GLTA
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