Bramabill
Share Saturday, September 12, 2009 9:02:52 PM
Re: RANCH11 post# 2131 Post # of 34021
Jack I appreciate that you took the time to talk to Mike Head. I agree this is by no means a penny stock. When I talked to Richard Morgan he assured me, the business is solid.
To get into more specifics of what Josh asked, my opinion to have a company turn a profit in the most challenging times since the depression is remarkable. Margins will improve. I do like the fact that the stock price targets of grass roots are conservative. The stock is worth by their estimates over .50 now, within a year, well over a dollar.
As you indicated Myfreightworld is experiencing phenominal growth, you are correct their software saves freight carriers money. Dont forget there are other significant revenue streams up to 30 million from anything trucker that teamed up with NVSR.
The share structure is positive, hostile take over not possible, 134,620,527 total float, free trading, 19,607,527.
The largest holders from the filing are:
Jean Morgan holds 57,788,000 shares. extensive experience in contract carriage, leasing, freight brokerage and logistics management.
Leonard Lowenstein Legal director holds 5 mil shares, no compensation. Graduate from Univ of Wisconsin school of Law, specializing in business transactions, providing business searches, sale to the market, deal and transaction structuring. Business backround, extensive history in the transportation field, operating railroad intermodal carriers, common carrier, highway, and produce shipping assoc, over 40 years experience.
Lynn Morgan, director, 1 mil common stock, no compensation, MSFT certified professional, on-line systemsn web design, IT management Logistics and dispatch system design, transportation management and quicken books applications, over 20 years experience with web business applications.
Myfreightworld, 1 mil preferred, convertable to 10 mil common.
This is one of the most appealing investments I have ever come across. Im certain it will pay off big.
