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Replies to #895 on Stock Room
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rheddle

02/19/07 10:20 AM

#899 RE: roger wilco #895

Morning Roger - METP market cap is $660,000, which is cheap at a nickle.

Kip Eardley (CEO) told Ed Frankie in August (see Ed's post in the Ibox on the METP board) that he was looking for a prospect company with $10 - $30million in revenues.

Not including the effects of any possible R/S (effect minimised due to very low OS and float of METP) and assuming a 10% margin and a PE of 10, the share price for METP based on those numbers would be $0.83 - $2.49. There is a possibility of some change to the share structure of course and METP is currently a non-reporting pink, but it is still cheap at $.055 IMO.

The financials are going to be ready for release this week, and a PR is expected as early as pre-market open tomorrow, or later in the week - we just don't know the exact date.

What is in no doubt in my mind is that METP is going to get some serious action tomorrow.

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chiefjunki

02/19/07 10:27 AM

#905 RE: roger wilco #895

The mods can correct me with this if I'm off base.

I want to let all the new swarm members know why we are going after FCCN after GLXI. The swarm was born by people in FCCN and then got involved in GLXI. There was several of us in the same two plays. After some talk the swarm was born. We have had success and we are not done yet with GLXI (+$2.00 target) when we have finished with GLXI we have to take care of the other investment the swarm is already in. FCCN is a great stock that has great news but pps has been slow. GLXI will give the swarm the funds to light a fire under it.
It's important we stick togeather but we can not forget about our brothers fighting the battle in FCCN. We have to help unless something unexpected happens.
Remeber GLXI is our start. As our funds grow so will the number of plays we make.


Remember sometimes it pays to be the turtle in the race. I want to be the turtle with a shell full of cash.

GO GLXI and FCCN !!!