Writ Media Group Inc. (WRIT)

[HotSteppa]

Hitting .001 should be a no brainer. That would put the company value at about $2,330,000.
However given the fact that they were issued a line of credit at $10,000,000 it would indicate to me that someone has given this company a significantly higher evaluation to loan that kind of money. What was the evaluation based on, clearly not on sales but on future potential. My opinion which isn't worth much, states that once the pps rises, it likely will stay there, these rock bottom lows are only gonna be here for as long as it takes to get the games out to market. Once that happens, we shall see if this is the company of old that you keep reminding us of. My money is on a steady increase starting soon, then these ridiculous vindictive 100 share sells will be put to rest.

I'm ready for the holidays....let's go WRIT