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Re: wadegarret post# 14704

Friday, 06/24/2005 1:01:57 PM

Friday, June 24, 2005 1:01:57 PM

Post# of 174010
Came across another JMIH article from 6/3/05 in the Bradenton Herald. Similar to the 6/2/05 article that was already posted, but has a few additional items.

CFO stated they hope to double annual sales of $10.2M (for the year ended July 2004) in the near future. That would be quarterly revenues of $5M+ with earnings of probably .03-.05/share.

Based on the numbers over the past few quarters, JMIH should already be trading in the .40's IMO. Even if it takes a year until the new facility starts dramatically boosting company revenues and earnings, long-term holders could be rewarded with a 300-500% gain in the stock price. Still the most compelling risk/reward situation I can find.

http://www.bradenton.com/mld/bradenton/business/11800931.htm



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