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morm13

10/29/07 11:41 AM

#329 RE: OldPro #328

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.