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05/16/08 12:55 PM

#67080 RE: rmessmer #67078

"I am currently looking for a way to get InVogue its
very own stock symbol so that we can raise money for it via its own
capabilities so that InVogue doesn't have to continue using Market
99's expansion funding. "

-JB
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rmessmer

05/16/08 1:13 PM

#67087 RE: rmessmer #67078

Lets do a math exercise. Let's ASSUME worst case that all 10 billion shares are outstanding. At .0001 company is valued at $1,000,000. Let's assume 3 stores are open and 2 web sites (mn99 and Invogue)are up and running. Let's further assume that each of the stores and each of the websites make an average yearly profit of $150,000 - not a whole lot for a dollar store or website but that's $750,000. Since this is a new growing company let's use a p/e of 25 and we have a market value of $18,750,000. That's 18 3/4 times higher than it is now , meaning the share price under those conditions should move to .0019. Don't forget that 6 months ago share price was at .005 with no stores, NADA. That's why I own it, not sure of everyone else's reasons.