Replies to post #31157 on Cartel Blue Inc (CRTL)

[DayofReckoning]

awesome, what goes around will come around, go RVGD..EOM

[pennies2007]

I just looked at the chart for SGLS...it's a bloody mess!

Looks like folks sold straight into the bid all day trying to get out from under it.

Either that, or one seller has been dumping shares all day. Kinda makes you go "hmmmm"...

It's really sad. Carnes is shafting everybody.

[alexindef]

Simple calculation:
Current Market Cap:
$.006 x 400M = $2,400,000 (really funny based on revenue projections)

with only 1/2 of projected revenue ($14M):
EPS $14M/400M = $.035 (dividend payments are not expected yet)
conservative multiplier for auto is 7+
PPS $.035 * 7 = $.245 - Market Cap should be $.245 * 400M = $98M

fears of changes in share structure? here we go:
1. say, O/S is 500M -
PPS = $14M/500M * 7 = $.196 MC = $.196 * 500M = $98M
2. say, O/S is 700M -
PPS = $14M/700M *7 = $.14 MC = $.14 * 700M = $98M
3. say, O/S is 1B -
PPS = $14M/1B *7 = $.098 MC = $.098 * 1B = $98M

Get it? Market Cap on 1/2 of projected revenue is $98M even with changes in share structure. Think as soon as all naked stuff, Carnes problems, etc. will be solved and revenue #s will be published - investors will start to evaluate Revenge from the financial side and bring more into.