Prom Resources Inc (PRMO)

[DC168]

$0.01 is achievable, if PRMO can prove what they put on all reports. My calculation is as follow:

8,400,000,000 OS x $0.01/share = $84,000,000

First quarter net profit = $3,000,000

$84,000,000 / $3,000,000 = 28

If PRMO can generate 28 sales equivalent to first quarter 2010, you can get $0.01 pps theoretically. So, it is achievable.

The question is, do PRMO own sufficient gold for the 28 sales? This is yet to be proved by PRMO management.

Good luck.