Logiq Inc (LGIQ)

[steeledge]

The market cap is pretty ridiculous considering where the company is and seems to be headed. Substantial revenues are already rolling in, and profitability shouldn't be too far away.

I kick myself for not saving this report; it was a big part of why i bought in in the first place: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79470710&txt2find=merriman

The report from merriman was pretty in-depth and interesting. Does anybody happen to have it still? Their price target from the September report was .40 (!):
"Therefore, we're initiating coverage of this equity for aggressive accounts with a BUY rating and a 40-cent target price. Our price target is obtained by applying a 2-times multiple of our projected sales for FY2013 of $8.4 million."