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Re: Kubisiak5 post# 141929

Friday, 06/21/2013 10:41:54 PM

Friday, June 21, 2013 10:41:54 PM

Post# of 371530
What is the PE valuation ... 5,000,000/400,000*4 ... about PE of 3!?

That's the beauty here ... there is huge growth potential but even without significant growth the shares reamain dirt cheap!

Of course, there are some that don't trust the numbers due to lack of audit ... I can't prove there will be an audit so fine. Nonetheless, until either the audit or bankruptcy neither side can claim ultimate victory. I'd argue the liklihood that Eric and Fred are sincere in their numbers and general outlook is *much* greater than the opposite scenario of the company near bankrupcy. If the latter, who would lend to them and how did they remain in business (which is verifiable) until now? Thus, IMO, the upside potential is much greater in both probability and magnitude than downside risk.

Let's see what happens!

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