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Dem Franchise Boyz

03/12/08 10:35 AM

#6365 RE: Dem Franchise Boyz #6363

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?

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richme

03/12/08 10:38 AM

#6369 RE: Dem Franchise Boyz #6363

OT: Please also remember that this is not clear money. No one has factored in the costs of production nor the fact that it is a joint venture, so clearly $7,000,000 may turn out to be ....?

Got the picture?

poorme