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Thursday, January 05, 2012 7:23:40 PM
The investors in the Yugo read the same math back in their day....
The amount of revenue needed to become a profit to the investors short a cheaper investment in "social promotions/P/D " is a non bet.
P/E ratio of 15????????????
AHAHAHAHAHAHAHAH
The company has not made enough rev to base a realistic P/E to date...
since the raise in A/S - O/S who knows when - if it may happen...
30 million in rev will show a tenth of a penny...
All BS aside...
The company by all means should have 'at the least' become CFBE (Cash Flow Break Even) by now if the company was working all means accessible.... IMO the company never expected the need to "go public" as the current CEO still runs all facets with no news of hiring any new talent.... While the tractor market needs hands on, the internet is a great marketing tool yet no proof of any multilistings nor market related investments. So...TYTN will be based from Washington, they will hold product in hopes of dealer volume increase's and take a chance on needing the further dilution of investors shares just to maintain operations.....(IMO)
Good luck wit dat P/E ratio and the amount of "tractor" sales needed... This company is worth the liquidation value minus the preferred share take.... in the end... nuttin for current share holders after legals.......
Heres to hoping it never comes to that...
:)
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