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Re: rookiecrd1 post# 11311

Saturday, 03/12/2011 4:19:38 AM

Saturday, March 12, 2011 4:19:38 AM

Post# of 95313
Minimum $4.67 pps example:

Current SS: 40M Outstanding/100M Authorized (40% issued)
New SS: 120M Outstanding (estimate)/300M Authorized (40%)

PSPW's sector and industry trade around a P/E of 28x and according to the Jan. 26th PR, Seawind is doing around 20M in revenue yearly.

20M x 28 + 560M

560M/120M = $4.67 price per share

Now add in all the other business they are working on (mainly the Rudana/Albania deal connection) and well, you can do the math. Obviously this is dependent on the merger finalizing.