InvestorsHub Logo
icon url

peeved

12/11/07 2:29 PM

#558 RE: Gbathat #556

so someone should buy at 40 bucks...

and we get a market cap of 280 million??

haha...

of course that price needs to be supported.

Seeker... the 120 million will be after the split....there aren't 120 million shares right now...less than 10 million.
icon url

mtncabin

12/11/07 6:20 PM

#563 RE: Gbathat #556

Taking the math one step further: Using the rule of thumb of market cap equals 10 time revenues, a market cap of $70million equates to annual revenues of $7million. IMO given the July test results for Swarm and "seed money" from the sale of 141 Capital stock $7million in annual revenues could be a reasonable expectation. In that case $0.20/share may be a sustainable pps and that equates to an asset for Spooz of $24million.

Just math at this point...we need PR'S and some results to confirm. All my opinion....please do your own DD.