InvestorsHub Logo
Followers 390
Posts 3048
Boards Moderated 1
Alias Born 06/03/2010

Re: robinandthe7hoods post# 43518

Saturday, 05/28/2011 1:40:46 PM

Saturday, May 28, 2011 1:40:46 PM

Post# of 51972
Regarding an R/S I believe that there MO from the start has never been to R/S the stock. I do believe though that if this turns out to be real, that they will indeed do a R/S, just not yet. I believe that they will let the stock trade on it's own and go where it wants to go and then, after giving the long suffering shareholders the opportunity to hopefully make some money and show the street that there is an intrinsic value, then they will do a R/S. What I mean to say is:

1. prove that the company has a real $300 mill agreement
2. show that they have a profit margin of say 30% (or whatever it is)
3. show that the items are available in the outlets that they claim they will be available at
4. determine the correct PE

The stock will then trade at that level which I calculate at between .0075 and .009 (again assuming that this is real). That is when you do the reverse split say 1:500 and you have a manageable 68 million shares at $4.00