Han, did you notice that at the close of Friday with a PPS of 0.0048, IPRU's market value is still only at $566,400? This is ridiculously low in my opinion. We know that the Cigar and Spirits Magazines are selling very well in every Barnes and Noble across the United States (over 600 stores). We also know that IPRU got Fergie and Charlie Sheen to be on the cover of their magazines. This alone should increase the market value in my opinion. We also know that IPRU will be going global in 2013 with worldwide distribution of the C&S magazine.
I feel that if we quadruple IPRU's PPS to 0.0192 (0.0048 x 4) and then also quadruple the market value to $2,265,600 that this is an accurate value for this company. I guess what I'm trying to say here is that this stock is highly undervalued and it is about time it is heading back up to par value. I believe that a PPS of around 0.02 is where this should be trading. What are your thoughts on this?
The financials are due out by this coming Saturday. I wouldn't be surprised to see revenues of around $75,000 to $100,000 for the second quarter. We know the magazines are selling well, and we know money is also coming in through advertisements. This stock is about to go ballistic.
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