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stervc

07/02/09 8:21 AM

#938 RE: Capital Gains #928

Capital Gains, from a quick Market Cap Analysis...

Your points are very valid, but another fundamental consideration is to consider the Market Capital Analysis. With GRWW generating $10.1 million in Revenues for Fiscal Year 2008, it is trading far below its current Market Cap of...

.0008 x 369,932,229 OS = $295,946 = Current Market Cap

At the current GRWW Market Cap of $295,946, GRWW should be trading 34.1 times higher than its current price as of today, derived from below…

$10,100,000 ÷ $295,946 Current Market Cap = 34.1

That means that the share price below is a fair consideration for where GRWW should be fundamentally trading…

.0008 x 34.1 = .0272 per share

At the very least, .0272 could be considered a new bottom, but given the right momentum and/or news, we will smash through the above .0272 consideration. With some events coming up and the one in August from their Events Schedule below being for a $1 million purse, news will eventually come.
http://usprogolftour.com/calendar/

The network is still to be determined, but they are partners with Fox Sports, ESPN, and a few other reputable networks so it looks good for getting the right publicity. Awesome list of partners below:
http://usprogolftour.com/partners/

v/r
Sterling