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Jevabyu51

06/16/09 1:47 PM

#156577 RE: power_forward #156574

Do you actually know that all 5B are in play? I don't.

oneinamillion

06/16/09 1:48 PM

#156578 RE: power_forward #156574

Have you ever traded a pinksheet stock,lol. If you say it enough times is something magical going to happen for you.

doebop

06/16/09 3:51 PM

#156601 RE: power_forward #156574

I'll play along....

5,000,000,000 A/S

Lets go a bit further...

Assume it gets maxed and the O/S becomes 5 Billion

Lets also assume they miss their sales projections by 50% and only do $68,000,000 in 2009.

Lets also assume their profit is 30% instead of the expected 50+%.

Now you still have earnings of $20,400,000

That gives you an EPS of .00408

If we trade at a P/E of 10 then we're right back to $0.04

Heck..... with a P/E of 5 we're back to 2 cents...

Come on people....