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$tock Princess '17

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Alias Born 02/27/2012

$tock Princess '17

Re: None

Thursday, 06/21/2012 3:22:03 PM

Thursday, June 21, 2012 3:22:03 PM

Post# of 2970

Assuming the Company executes on its plan over the next 12-18 months,
we believe its current valuation multiple of just 4.2x our 2013 revenue forecast is far too low,
and believe a multiple in the 12x to 15x range is more appropriate. Furthermore, we see upside
to our estimates if NovaVision is able to achieve market penetration more quickly than we
foresee.
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