This stock is potentially the most undervalued stock I have ever seen. That being said, I have already lost money on this one and currently have zero shares. But the possiblilities still remain.
'06 net income = $26.2M O/s = 50.2M Total Authorized shares = 150M
So even if the registered ever single share they have been authorized to register, their EPS for '06 would be over $0.17.
For '07 the have given guidance for net income of $45M. That would be an EPS of $0.30.
If they post audited financials I will be back in.