Monday, March 12, 2012 12:05:59 PM
If i'm not mistaken, then the market cap has to be ball park of around $480 MILLION for that to happen with current outstanding share volume. A combination of their assets on the book, prospects of future earnings, and growth of future earnings from both a nominal perspective as well as increasing the margin.
That is going to take some time, but not many companies are going to even have a chance at growing 100x their current bid price in 2-3 years ;)
It could take a lot more, 3-5 could easily happen if something goes wrong and there is pending litigation (that eventually ends well for us, but would leave a large liability buffer until such a time that it gets settled or seems like it will end favorably or with minimal damage).
Anyhoo...those shares aren't worth much to any of the executives until the $5-$10 range. So, they have a vision for it and it is just going to take time!
This could realistically be the new standard for alcohol rehab. And it has other applications and with a profit they could expand facilities, have more leverage with insurance companies, develop new uses for current products, develop new products, etc. etc.
But those are just my thoughts/ramblings!
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