Alterras Systems Inc (fka ASIUQ)

[upshegrows]

And what I was saying all along was that, if their business model can show a profit, and I believe they can in Vancouver, and can considerably increase that profit with more units in more cities, then even with the dilution, I think that their stock at 0.04 or 0.05 or even at 0.09 cents a share is oversold, and well under valued, even with the dilution. It is a stock that has high risk, but high reward. And as I said before, I think it is overly cheap, as I said before. With only $1.5 million in profit, they would have $0.01 a share, with the dilution, meaning it would have a PE of 100 at $1, or a PE of 50 @ $0.50 (that's a 10 fold increase).

And with the numbers I crunched, and the amount of customer base that they have, and the fact that they see demand for 4 - 5 systems in Vancouver alone, I think $1.5 million profit would easily be achieved, even with loans of 500K per unit. Again, I never said that they had amazing revenues, just that they doubled revenue, and I believe they will or would have (if not for the tray breakage), continued to grow revenue.

Probably best to get a good night sleep and read your comment again in the morning. Wow.