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Re: SHEEPWOLF post# 627749

Thursday, 06/13/2013 1:30:59 PM

Thursday, June 13, 2013 1:30:59 PM

Post# of 2804248
excerpt/\09-12-12 $0.40/\this is good reading for all/\ actually done last yr.

http://www.zacks.com/research/get-news.php?id=256m1301

Merriman Capital Initiates Coverage of Sitoa Global With "Buy" RatingPrint SharePALO ALTO, CA, Sep 12, 2012 (eTeligis.com via COMTEX) Sitoa Global Inc. (OTCQB:STOA) (PINKSHEETS:STOA) (the "Company"), an e-commerce facilitator, announced today that Merriman Capital, Inc. has initiated research coverage of the Company with a 'Buy' rating.

Joel Achramowicz, Managing Director of Equity Research, initiated his research report with a buy rating and a $0.40 target price.

highlights:
"Investment Conclusion Sitoa Global Inc. (or,"SGI") has structured an e-commerce cloud platform for supporting niche vendors on the Web. The company has struggled before, but is now enjoying ramping revenues that could lead to profitability in 2-3 quarters.

Therefore, we're initiating coverage of this equity for aggressive accounts with a BUY rating and a 40-cent target price. Our price target is obtained by applying a 2-times multiple of our projected sales for FY2013 of $8.4 million."


Detailed Quote for Sitoa Global Inc. (STOA)
http://www.allstocks.com/level2quotesotcbb1.html
$ 0.0047 0.0007 (+17.50%) Volume: 31.74 m 1:01 PM EDT Jun 13, 2

52 Wk Hi
0.15

52 Wk Low
0.0017


re;
to date without including any other but what company has value in assets.

i don't have pps figure to include iris deal but can be huge when done.

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