InvestorsHub Logo
Followers 5
Posts 575
Boards Moderated 0
Alias Born 02/29/2012

Re: cjstocksup post# 24523

Wednesday, 03/27/2013 11:29:00 AM

Wednesday, March 27, 2013 11:29:00 AM

Post# of 194796
They must anticipate a large need for cash to only do a 1.2:1 split ratio. My guess is that they will allow for the split to happen then start dilution into positive PR announcements. That will slow the uptrend and possibly even stop it.

IMO the company will have 7 million in revenues by the end of this year without GNC, 10 million with. So if we are to do a revenue based valuation for this guy then after all potential current dilution we will see pps of the following:

Without GNC: .0063

With GNC: .009

IMHO: this guys is now overvalued, took my profits today and will buy back in at a later date after dilution.