Sentex Sensing Technology Inc (fka SENS)

[Rawnoc]

For a 50 cent share price....

Using a 25 PE ratio we would need 2c/EPS -- or 1/2 a cent per quarter or $500,000

Last Quarter's 10Q:

--CEO has been quoted as stating that upon financing growth will be in the hundreds of percent within 1-2 quarters
--from filing: "The Company is now in specific discussions with a capital source and strategic partner"
--sales last Q were $1 million and break-even operations
--therefore sales should break $3 mil, gross margins about 40% on those extra sales or an extra $800k in gross profit, and I'm giving $300,000 for a 75% increase in SG&A leaving $500,000 in operating income conservatively.

CEO, Bob Kendall has never diluted a share, takes no salary, no stock options, and therefore has no incentive to hype the stock. Previous experience was as founder and chairman of LDI inc. (LDIC on the NASDAQ) until a $325 million buyout.

Risks...

-IF financing fails forcing Bob to look for a new financing deal
-If Bob quits, passes away, or falls ill
-Very little liquidity and stock very volatile (in part due to a cult-like following of Bob's holding large positions for years)
-If financing ends highly dilutive, against Bob's own interests


This is purely my opinion.