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Re: jojofla post# 88515

Saturday, 09/08/2012 5:47:02 PM

Saturday, September 08, 2012 5:47:02 PM

Post# of 98509
You might want to deduct the liabilities of 1.1 million, leaving 1.3 million in net value and then divide by the actual share structure of 437 million shares -

that gives a share value of

less than 0.003 Currently, the pps is overvalued by 300% not undervalued.

I guess if a company had 5 million in assets and 1 billion in debt and no revenue, it would be a buy based on your calculations.