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Re: ADVFN_jk1550 post# 24085

Thursday, 03/27/2014 2:24:38 AM

Thursday, March 27, 2014 2:24:38 AM

Post# of 30377
Lets take an extrapolation from REX and PEIX!!


REX in Q4’ 13, the Company’s gross profit rose to $26.3 million, from a gross loss of $2.6 million in the prior year period



On 8 million shares!! at say $55.00 a share!!

PEIX Gross profit was a record $21.6 million for the fourth quarter of 2013, compared to a gross loss of $4.7 million in the fourth quarter of 2012.



On say 16 million shares!! If so then PEIX should be at $27.50 a share give or take!!

Not only that PEIX has less debt than REX and has warrants to even reduce more but at a cost of dilution!!

Either way this PPS should be at LEAST $20.00 a share when Annual comes out!!

There may be another gap up when they file!!

This is the time to add more shares not sell any!!

3 trading days till this comes!!


GLTA


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