Replies to post #2722 on Readen Holding Corp. (RHCO)

[hampstead]

Look for finacials this week.

[CoodBMoney]

Well hopefully tomorrow (FRI) is the day for financials. Regarding those HK contracts, no way to know what the net income will be from those, but assuming 35% and if that approx. $15,000,000 USD were all booked in one year (which looks like it will not), that would equal about 2.25 cents per share earnings.... For a Penny stock!!! Using a 20 PE Ratio we whould expect $.45 pps from that revenue alone. And a 20 PE for a profitable penny stock with significant growth prospects is RIDICULOUSLY Low. That's my opinion and I'm sticking to it!