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Re: PhilCheeze post# 27761

Wednesday, 11/28/2012 8:50:36 PM

Wednesday, November 28, 2012 8:50:36 PM

Post# of 90375
Net sales from NEEL and NEX global is $170,885 combined with CWS sales at $195,000 with current sales orders in excess of $230,000. Not to bad .4 million in sales in 2012 so far.
Wow there are contracts and more will be coming!
I am excited that the news is finally released so we know where we are at!

I still like your post from earlier I will copy it and post it everyday lol:

WAFR Net Assets = $10M (liquidation value )
WAFR Current Market Cap = $1,081,592

$10M / $1.08M = 9.25 factor

Current PPS = 3 cents x 9.25 = 27.77 cent PPS liquidation value only.

Conclusion: WAFR is trading 9 times lower than its liquidation value, thus we have a STRONG BUY here. Period !

My DD was right on the money here !