Deltron Inc (DTRO)

[PaperLion]

I agree with your scenario kb...I think management would like to see the stock price in the $5-10 range which would present Deltron as a legit company with very marketable products. Plug-in your own numbers, but Yahoo shows Market Cap at $328,180 at a stock price of $0.20 which would mean there are 1,640,900 shares outstanding (do not know breakdown of these shares, or if there are additional shares that should be added).

If you now look at the stock price as a ratio of sales, we are in the $3/sh range at a 1:1 ratio (assuming the company's estimate of $5,000,000 in sales this year is accurate). At the company's ratio of 3:1, the stock price would be $9-10/share!

So if we don't panic and wait for more news and financials, we may still make out pretty good on this one. Even if they double the number of shares, nice profits can be made. The dreams of becoming millionaires (including mine) are over, but I am not ready to throw in the towel!