Replies to post #15108 on Veltex Corporation (VLXC)

[pual]

Let's go with your number ...

If you are right (for once, and there is effectively 50,000,000 O/S then, assuming this morning release to also be (both hypothesis are just that right now, hypothesises), then the EPS should be about:

Q1 Net profit: $1,930,551.

Projected on 1 year: $8,000,000 (no growth projected)

O/S (your number): 50,000,000

Profit per share: $0.16

Multiplier: 8

PPS justified by these fundamentals: $1.28

I assume you are buying like crazy right now!