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Re: FrankLind post# 54

Wednesday, 05/08/2013 4:45:49 AM

Wednesday, May 08, 2013 4:45:49 AM

Post# of 110
Further details on China numbers

Last year (for April) they did.
70 cases 1,109 veneers 3 510 425 rmb

This year (for April) they did 89 cases 1,320 veneers 4 597 307 rmb

This is all same store sales growth (no additional stores)

In regard to the 750,000 USD below, this comes to roughly 75,000 net income from equity investments on REMI's income statement. 75,000 *12 = 900,000 USD per year (assuming no further stores and no further same stores growth)

20 million shares out = 5c EPS = PE of 3 on a growth stock

If the debt issue can be handled, this stock will be very undervalued. Waiting for updates...