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Wednesday, January 08, 2014 8:15:01 PM
Re-reading the news, the near term revenue is $300k on top of current revenue is $1.5m approximately. The $900k is POTENTIAL sales....
Now, what is the actual AS and OS? Then we know what the PPS is/should be.
Add in how much they will need to dilute as they have over a $1m in existing debts and, barring new information, are very cash poor.
Then we can reasonably map pps,
I still struggle how this pps is going up significantly. Only way it does is if the the OS and AS are very tight, but that would mean no dilution which makes no sense for the company.
Something has to give.....just think the near term value is not as bright as long term....
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