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Friday, September 23, 2011 9:10:32 PM
The stock is worth a dime today...
Think about it. If we have patent pending technology that will drive revenues into the millions, dont you think that patent pending technology is worth something????
Absolutely. It alone would be worth millions. Ask yourself this, if EGOC could generate 50 million in revenues from just one 5,000 ExausTek unit order dont you think the intellectual property is worth that???
That comes to .083 cents per share.
The technology has been proto-typed, tested, and demo'd with one deal already near completion basically waiting on formalities and another potentially on the way.
Add 1 contract to that worth 1 million(very small) at a rate of .012 cents per million (based on a 15 multiple) you have .095 cents PPS. So I am off a little bit!!!
It is what it is!!!
Folks I do not believe for a second that the two deals they are working on will be worth only 1 million dollars. Now take that into account!!
This is going higher and way higher IMHO!!!
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