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bcl999

06/18/14 9:13 PM

#356 RE: phillyfury #355

Pick up shares today.I am at 36226. Will pick a couple hundred tomorrow.I am chipping away untill I get 40000 shares.I noticed that they they lost 14 cent a share for the whole year, but lost 15 cent a share in the 4th Q.IF you take away the 4th Q ,they made 1 cent for the year.The 15cent a share was to pay down dept , the money made for the year was from less then 100 stores full year and 2months from over 280 stores.THE WAY I SEE IT IS 5 mill made from 100 stores , Then 15 mill from 300 hundred stores. 2 mill cost to run 100 stores , 6 mill to run 300 hundred stores. 6 mill minus 15 mill = 9 mill profit minus 700 thousand dollars to Rmcf (7 mill x 9 percent interest) = 8.2 mill profit . 8 mill profit / 16 mill shares = esp at .50 cent, say 10 times earning puts us at 5.00 a share minimum .10 Times ESP because we are an OTC stock.Get to the naz
small cap and 20 times forward earnings. What's your take on this.Do you agree with my numbers and thoughts.