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mikeyk

04/02/09 10:18 AM

#24275 RE: tomtitom #24269

While .025 would be nice, 3 weeks is kind of unrealistic for a time frame and probably a little high for the market cap (6.45 billion times .025 = roughly $161 million). The company has never seen a market cap higher than $73 million with 29 million shares and a high PPS of $2.55. If we're lucky we will get between .01 and .015 with the current O/S. Unless our theory that the company has been silently repurchasing shares comes true, don't expect unrealistic PPS gains. Sure new assets will increase the market cap, but what are they going to cost us and how are we paying for them? Lots of questions need to be answered first.