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Saturday, April 30, 2011 10:18:12 AM
Folks I keep harping it but just for a second indulge....
We sit here with some projecting 5 cents and 10 cents and are impressed.
Look at it this way a company could come in and buy them out today for a little over 1 million dollars. Now think how silly that sounds...
Titles, intellectual property (development engine .. HUGE I conservatively value this to be worth at least 5 million), Book value of .045, new titles on the way, 5 million in revenues, a float of 38 million shares, 100m o/s, and a buyout candidate (not for 10 million you can bet).
If you were to perform DD on this stock and the sector and didn't know the shareprice you would easily expect the shareprice to be in the .25 cent range or higher...
Those who want to flip for a penny here and there, hey I never knock making a profit. A profit is a profit. But one day the market is going to realize and begin to value this company where it belongs and when that day happens its going to heights far beyond the few pennys that are speculated...
glta....
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