Replies to post #156601 on Enzyme Environmental Solutions Inc (EESO)

[enzymesarecool]

Doebop,

Can I play too!!

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 90% and only do $13,600,000 in 2009.

Lets also assume their profit is 10% instead of the expected 50+%.

Now you still have earnings of $1,360,000

That gives you an EPS of .000272

If we trade at a P/E of 10 then we're right back to $0.0027

Heck..... with a P/E of 5 we're back to .00135 cents...

Come on people.... which is more realistic.

That Doebop thinks this company will do 30% net margin on $68 million in sales when they only have one verifiably questionable contract for $12 million and WOWgreen or my thoughts that 10% margin on $14 million is much more likely.

The price is right if not a bit high right now considering there is little to no verifiable info out there.

[Yukoner]

You forgot the 9 million outstanding of accounts receivable that are over 6 months old. I also believe that the best profit margin I ever saw stated by EESO was 30%.

[Mr Biggerstaff]

eeso won't do 3-million in 2009. they can make it look like they did 68 mill in sales, however, it won't stand up to an audit. hence, no audited financials. i for one will be shocked to see audited financials from eeso.