Metapower International Inc. (MTPR)

[lbdave]

With any profitable public company on any exchange you will never see EPS calculated on even money. They generally trade or are valued by the market anywhere between 10 and 30 times actual earnings depending on the market sector. It's obvious that the pink sheet market doesn't trade on valuation principals, they trade on hype and momentum. If the company could/would ever register with the SEC, or uplist it would open the door to a completely different investment community. Then you would see the valuation of earnings adjusted accordingly. There are dynamics in play in the pink sheet market that have no bearing on the companies revenues, earnings, or speculative earnings that dictate the share price. That's why companies with no revenues in the past 6 years can trade at a 5/10/20 million dollar market cap... It's all about the hype/pump. The fact here with MTPR is that the stock is way under-valued regardless of what type valuation metric you care to apply. It's tradeing below even dollar for dollar earnings (No PE ratio applied) and trading at 1/3 of what the actual market cap should be according to the audited financials. Maybe the market will one day see the need to bring the stock to the propper valuation it should be.