TheDirectory.com Inc (SEEK)

[mdimport]

$SEEK hasn't sold a single share in over 5 months, so by definiton there's no pump and dump in progress. All that can occur at this point is shares trading hands between current owners. In 2012 when SG implements his buyback plan using cash flow, the number of shares will be reduced every month making the remaining ones more valuable.

If revenue increases while the buybacks occur, then $SEEK will be even more valuable then just the buyback scenario. We as shareholders can figure out how TD 2.0 and BusinessList.com will likely perform once we have a couple of initial data points.

How many sub-penny stocks can be evaluated using regular metrics (revenue per share, PE, etc.) and be said to be fairly valued?