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Re: deadboy post# 51821

Tuesday, 02/12/2013 2:32:52 PM

Tuesday, February 12, 2013 2:32:52 PM

Post# of 80876
This is panic selling...

There is no other explanation for this... many people held onto this stock in the $4 range - just a few weeks ago. The more it drops, the more these people are wanting to get out for fear it is retracing back to $4 again.

I don't think the dilution machine is an option, because Frost would not allow that. Someone is buying alot of shares cheaply...

I say they can make $5 million EBITDA in 2013, which should give them an enterprise value of around $50 million... or around $8.50 per share. That is what I am hoping for.

Quarter 4 is going to be a bust, because of the enormous expenses associated with their effort to uplist and the legal costs associated with the Frost agreement.

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