InvestorsHub Logo
Followers 11
Posts 1137
Boards Moderated 0
Alias Born 03/08/2010

Re: Z732Z post# 44243

Wednesday, 09/18/2013 10:23:28 AM

Wednesday, September 18, 2013 10:23:28 AM

Post# of 56186
Just curious; what do you think the proper pps should be for BRND?
Why do you think a market cap of 350K is too low?
They have total assets of $81,000 and have liabilities of over $11 Million.
On sales of $98,000 there was a gross profit of $48,000 and their Net Income is a Loss of over $6 Million.

I'd say the company is way overvalued and the pps will continue to decline as more and more debt is converted to commons at a 50% discount to market price.
BRND does not care how low the price goes.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.