Posted by: EB119
In reply to: None Date:3/10/2008 12:15:40 PM
Post #of 6363
PPS projection...
Today PR projected revenues of 7 Million Dollars for 2008
Share structure from iBox
1,925,000,000 Authorized
1,924,573,155 Outstanding
1B Float
Earning per share = 7,000,000 / 1,925,000,000 = 0.0036
Let's take P.E. = 12
PPS = 12 x 0.0036 = 0.0432
We're way too undervalued with the current PPS...
Any other comment?