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Re: rlord post# 39683

Monday, 08/22/2011 8:00:19 AM

Monday, August 22, 2011 8:00:19 AM

Post# of 148373
2.4 Billion O/S is a lot
But when you want to know what the company is worth you need to see the cost base and the income base.
This is a internet based company, so the direct income is the paid subscribbers numbers and the payviews (advertisment income). This is break even but growing every day after the 123 websites are added. The more branches, the more pageviews (searches), the more the income they generate from advertising...
See it as a snowball running downhill... this can become huge, and that is what we all believe in
The cost base stays fairly the same, as the only cost made is putting alot of time in programming and updating websites.
Knowing that ceo owns a lot his own stock and want's it to become higher in pps is confidence for all of us, he will not drive the pps down, he has only benefite when it goes up

go SEEK!!!!

silverblue