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Potse

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Potse

Re: Traderfan post# 5776

Wednesday, 02/01/2012 3:40:57 PM

Wednesday, February 01, 2012 3:40:57 PM

Post# of 10804
Traderfan...SNPY net income......

SNPY, what's your net income guess after the merger is completed and contributes to the books?



Based on the recent press releases related to the expected $4M annual revenue number and 20% net margins over the last few operating years, the net income would probably be somewhere in the $800K area.

If the terms of the November 2011 merger agreement remain in effect (1:6 reverse split, 12M share issuance, and a total of 24M shares outstanding following the merger), SNPY's fundamental numbers should roughly look like this, based on a current 6-cent share price......

.36 share price
$7.2M market cap
.033 EPS
11 PE

http://knobias.10kwizard.com/filing.php?param=&ipage=7963964&DSEQ=2&SEQ=&SQDESC=SECTION_EXHIBIT&exp=
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