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Re: Det_Robert_Thorne post# 8063

Friday, 05/17/2013 11:03:23 AM

Friday, May 17, 2013 11:03:23 AM

Post# of 8575
Hi!!

Sorry maybe I got the number wrong, didn't waste much time on the 10Q!! Bottom line is that it take about $4MM/Quarter or $16MM/Annum to pretty much break even for this baby!! Lets assume they generate $500,000 of free cash this year and God knows that would be a stretch, why is current Mcap not $5MM making the PPS about 4 cents!! WTF is dumb enough to pay 20 cents for a company that has driven growth through acquisitions, and has failed to inform shareholders of the details of these deals. Are sellers getting royalities, stock, profits, finders fees??? Who knows, you will never know!! Bottom line this is priced currently for a target that is 3 years out, otherwise they better be a real tech company like Apple who can justify a P/E of 40 to 50!!! The fact that no one is trading this thing, proves it is over valued. All the company has to do is throw a BS bid up for 10 cents, since they own all the stock anyways, and make their company and themselves appear much wealthier than they really are!


Good Luck, aND DO NOT BE SUPRIZED when one of these quarters they get a Big One Time Charge that wipes all the profits away and lines someones pockets for personal gains!!!

maestro
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