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KQforever

07/25/08 3:44 PM

#4503 RE: KQforever #4502

just put another 1000 down for 19.
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john302

07/25/08 3:46 PM

#4504 RE: KQforever #4502

We're definately undervalued here, but those metrics are "best case".

IMO, the O/S are probably higher now than last reported, therefore the market cap would be higher.

Also, the highly inflationary toxic economic situation in Vietnam has probably eroded their current assets, especially the stock holdings.

Plus there is always the uncertainty regarding Tim Pham and Henry, and what they are going to do with the share structure etc going forward. Not exactly the best track record on their part.

With that said I am sure we are quite undervalued in some way, but there is legit doubt and uncertainty regarding this company. I have averaged down at 30% intervals since .36 cents. Hope this works out. Unil independant board members are assigned and we RS, I wouldn't get hopes up about any huge rally though. Supply is crushing demand right now.