Solar Energy Initiatives Inc (SNRY)

[Bucks4Buckeyes]

Verndale is heavily targeting Los Angeles - without actually being present there. They have directed ads & website traffic there purposely. I'm NOT saying they are moving there, but I would imagine if they build a client base there they would open an office there.

Hot companies trade higher than revenues, but 2-3 times revenues is normal.

Total Revenues divided by outstanding shares.
Take that number and divide the closing share price by that number and you will get the pps to revenue ratio.

From most recent 10-K's & current pps

Hot Stocks:
AAPL 5.2 times total revs
GOOG 8.6 times total revs

"Normal" Stocks:
WFC 2.1 times total revs
PFZ 2.4 times total revs
MCD 3.7 times total revs

Weaker Stocks:
F .3 times total revs
X .2 times total revs

SNRY 6M revs and 5.7 O/S = $1.05 per share
2.5 times total revs = $2.63 per share

What I was saying was if SNRY really caught fire, $2 could be low. Of course, there is ABSOLUTELY NO WAY anyone can tell what will happen. With little publicity, we may be lucky to even hit $1. No way to tell and there is no way to understand what makes a stock hot. Each of the examples given all have market capitalizations in the BILLIONS. All are 'famous' stocks. But, some are hot and others are not.

The 8-K should answer all our questions regarding employee shares, etc.

All The Best