Alterras Systems Inc (fka ASIUQ)

[upshegrows]

For the Record:

Reading the posts this morning its clear that some have failed to interpret my words below properly. My tongue was firmly planted on the inside of my cheek in writing the following. It was a parody on the "fundamental research" that Barunuuk claims to use. I am not an accountant nor am I an MBA. That is Barunuuk according to his past posts. Incidentally Terry, I agree 100% that an MBA is not what it once was.

Again, the words below have no bearing on what I truly think this company is worth. It was written in jest.

Probably why Barunuuk agrees with it all....

Let's see now;

Now, if there are 50 states, 10 provinces and 3 territories then that equals 63 unique geographic area's in North America to target.

Now if Alterrus can setup 5 farms in each city then that's 315 operating units in just North America.

Now if each of those operating units makes $1.5M to $2M in Revenue which has already shown to be realistic, then Alterrus can create sales of $473M to $630M per year.

Now, if operating costs don't rise proportionately to sales and neither do admin or general expenses, then clearly the company will be able to expand there net margin.

Now if the net margins eventually expand and become 10% then the earnings will be $47M-$63M annually.

Now, the company only has 145M shares outstanding. So, therefore $63M in earnings waterfalls down to $.43/share. Actually, it's $.43448 but let's call it $.43 to remain conservative.

Now, if that conservative estimate of future earnings is $.43/share then the stock should trade at 100X earnings which implies value of $43/share. Why? Because Lululemon did.

Now if the stock is currently $.06/share and it's going to $43/share then that's 716X your money people. Now, if you invest just $1,396.65 today then your going to be a millionaire in no time!

Oh, and don't listen to that USG guy who educated me on accounting even though my wife's an accountant and I'm an MBA. He has a lot to say but never backs it up with the fundamental numbers like I just did.