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Tuesday, April 26, 2011 6:04:24 AM
See a pinksheet stock reduce its authorized share count and by that amount... 600 million shares..
Folks, the writing is on the wall with this company. This managements team is into shareholder value. My bet is their success is tied directly to shareholder value (as it should be) versus share dilution like most all pinkies are.
They may need to dilute here and there to execute a part of their business plan but to have a company with this type of potential setting at 350 mill a/s versus the old number 950 million a/s is incredible.
Add to that a float less than 50 million shares. Incredible.....
Just a matter of slow accumulation and consolidation, next stop .02 to .03 cents....
I still have to pinch myself on this. Lucky to be a part of a real growth penny stock. With all the M&A activity in the mobile gaming space I still conservatively value this stock using revenues and intellectual property at 10 million. Other companies are getting 5 to 10 times that...
Have a super day all and glta...
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