Replies to post #29439 on Eco-Tek Group Inc (ETEK)

[konshe]

GR8 my friend, 30-50 cents will be happened. Emingent LLC rejected $1.4bb valuation candidate that PPS is 25 cents ($1.4bb divide 5.5bb o/s shares=0.25) If they select new candidate with valuation is $2.5bb, then PPS should be 0.45 cents ($2.5bb divide 5.5bb shares= 45 cents). So we will see target PPS 30-50 cents, could be reasonable.