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MakeMoneyMan

05/09/08 10:21 PM

#2365 RE: clearcoated #2364

Very nice balance sheet compared to last year. Revenues up 650% gross profit up almost 500%. Asset value worth more than 7 times the stock market cap. It looks like they have their act together and I like what I see. I think they will have no problem getting the investment capital they need for expansion. All they have to do is keep selling at this rate and somehow lower the cost of goods sold and we are talking highly successful company here.

Based on that balance sheet and the current share structure (175 million o/s) , I strongly feel this stock is way undervalued. It should be at least 3 to 4 cents a share - ten bagger from here!



IMHO.





MakeMoneyMan

05/09/08 11:00 PM

#2366 RE: clearcoated #2364

It looks like o/s went from 160 million to 176 million. Dilution there but not bad at all.

975k Revenue for this quarter is nothing to be ashamed of. If I were Wang, I would have issued a big press release already.