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User-65225

09/11/09 11:11 PM

#101955 RE: ORCA #101953

Then how much should the majority of these companies be worth with no revenue and weak potential?... Many are trading at higher market caps.

For the 100th time, stocks are valued based on FUTURE potential..... 99% of pennies would never move if they were valued based on what they've accomplished

Look at Converted Organics... $2,300,000 revenue, over $20,000,000 debt and a $30,000,000 market cap... and the PPS is near it LOWS. Its traded with a cap MUCH higher than this

WNBD has very little debt (per Eric), because its converted via 504 and they could surpass $5,000,000 revenue with 1-2 USA NA's...and it trades at 1/3 of the price of that stock.

WNBD is a good price for this "stage" IMO... this is not a development stage company.
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robski

09/12/09 12:45 AM

#101967 RE: ORCA #101953

Does seem kind of overpriced given the revenues. Doesnt make you feel to good that there arent financials.
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ORCA

09/12/09 5:42 AM

#101973 RE: ORCA #101953

Erika with his E-mails on daily basis.WE NEED.
1)Real REVENUE Numbers Erika.2)Ungagged TA.3)File Q reports.At the Turtel like way you move,next September will come and still we will be waiting for the Rollout to Lowe's
Where is the news for the Grocery Chain????Summer is over Erika.We are DUE.