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learningasitgoes

05/28/07 8:43 PM

#61393 RE: Leonardo1974 #61378

Leo,

As you seem to be a Business major, what is your idea of the proper amount of time one should allow for a start up company to become successful? Is it when the company consistently starts to erase the negative operating expenses? When the company is trading at .01? .05? .25? Or, do you see success as a time frame and it should be overnight?
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Jimmy Quick

05/29/07 8:09 PM

#61409 RE: Leonardo1974 #61378

1,000,000 CTs
I think I already did the math for breakeven, and it was like 2,400 month. So that will be about 28,800/year. This is assuming that they can't reduce expenses even further. 1,000,000??? Were did you come up with that number??? Oh I know, it is what you would like for us all to believe.
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Leonardo1974

05/29/07 9:19 PM

#61414 RE: Leonardo1974 #61378

This message seemed to reappear out of the ether. I'm amazed. Now you see it, now you don't, now you see it again. The 1MM is serious. This is ball park of what it will take to establish the price to book to justify .02/share. This will be enough to overlook some of the cavalier accounting practices. Comment to that, if you will, Ward.