MHHC Enterprises Inc (MHHC)

[dmlabuda]

The big difference between OMEX and ORRV is the number of outstanding shares. OMEX has only 92 million shares outstanding (ORRV almost traded that many shares today) so it makes it a lot easier for them to show decent earnings per share. It's interesting to me that there current EPS is a -$0.36 and the stock still rallied to $4.00.

The number of shares outstanding is something to be concerned about however. ORRV could easily declare a reverse slit to reduce the number of shares outstanding down to a number that would allow them to show greater earnings. So, a position of 1 mil shares today, if they did a 1 for 8 spit to get the number of shares reduced to 100 mil would end up being only 125,000 shares of course the price would also be adjusted up with a share split. That would make it easier for them to qualify to get on a major exchange if that is one of their goals.

Also with OMEX, it looks to me like they may have gone public back in 2007 at just under $8.00/share and from there it pretty much fell like a rock until it hit $1.00/share recently. So, it's not a great comparison (although ORRVs chart does look similar) but, it is worth looking at the numbers for OMEX.