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Friday, September 21, 2012 12:00:31 AM
What do you think a company interested in acquiring ESFS would look at to arrive at a purchase price? Sales? Assets? Some multiple thereof?
With 124m shares out and $80K that we know about in sales so far this year, a .10 share price would give the company a $12.4M market cap, pretty hefty multiple of sales so far this year.
Sad to think that the current share price is above fair market value based on sales so far this year.......
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