Followers | 32 |
Posts | 1799 |
Boards Moderated | 0 |
Alias Born | 01/19/2011 |
Friday, May 17, 2013 11:03:23 AM
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
Recent SSNT News
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 06/17/2024 09:20:07 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 06/17/2024 09:18:51 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 06/17/2024 09:17:29 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 06/17/2024 09:16:10 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 06/17/2024 09:15:43 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 06/17/2024 09:15:18 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 06/17/2024 09:15:02 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 06/17/2024 09:14:54 PM
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 06/17/2024 09:05:26 PM
- Form PRE 14C - Other preliminary information statements • Edgar (US Regulatory) • 06/17/2024 09:00:41 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/14/2024 08:23:55 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/14/2024 10:01:42 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/12/2024 09:11:57 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/06/2024 09:32:30 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/06/2024 09:32:15 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/06/2024 09:31:57 PM
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 06/06/2024 09:19:33 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/06/2024 08:46:07 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/05/2024 09:03:05 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 11:38:45 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/30/2024 03:59:03 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 05/28/2024 12:37:39 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 05/28/2024 10:05:33 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/28/2024 10:02:59 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/24/2024 12:00:17 PM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM