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onemaninnj

10/26/15 3:11 PM

#69354 RE: sl2153 #69353

That info made public by Danos has been out since Sept??? If you can actually follow it as he bounces all around, I do not see it saying in 3rd quarter alone they will make $500,000.00. The history with projections also have really never came to light most of the time with Danos, so I also do not put much behind what he says. Remember even if they have revs, they eventually also need to make money on those revs.

I do agree however if they can finally not take a loss, right now even know there is no bid, the market has this valued at 1/2 million. If they show a profit, and they are on pace to make a million this year, I agree we are under vauled at this time. But history with Danos shows that most of the time his predictions do not come to light, and one must take into account a share structure change in near future also. As far as has been made public, we have 13 retirement type places under contract. It grew by one this year, cannot see them start to be able to funnel several million out of 13 places, and at a profit. And as far aS MERGERS GO, need money to do them, and debts building every quarter, and a big hit is coming the the series D shares in early 2016. Again this deal was not for free, and each series D share comes with a min $10.00 price tag.

But if I am wrong and revs are 500,000 for one quarter of sales, and they even break even, there is that chance we are under valued, and if he keeps showing a profit, this market value should be at least 2-3 times revs. My opinion and even reading his predictions again, it is not sales in 3rd quarter of a 1/2 million, and they still need to break even or a little profit. I understand in pink land a loosing company can trade 10-20 times earnings, well we where doing that for a while here, but as time go on, the company looses that support with never coming through