EQM Technologies & Energy, Inc. (EQTE)

[HokieHead]

From last filing...

Our Environmental Services segment had revenues of $24,394,143 for the three months ended September 30, 2012, as compared to revenues of $17,519,438 for the three months ended September 30, 2011, for an overall increase of $6,874,705 or 39%. The increase in revenues for the three months ended September 30, 2012 was primarily attributable to an increase in the amount of revenue earned from the EPA of $10,499,275.

Trailing 12 months revenues were $75 million.

They dumped the losing segment, the bio plant, picked up $5.5 million in cash in the sale. Add in Verterre's revenue, still trying to find it, This could be doing $100-$125 million in revenues in 2013.

Give this a conservative 2-3x PS ratio you have a $5-$9 PPS.

Plenty of upside here.