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ValueFinder8

10/28/09 12:13 PM

#798 RE: MRCapital #797

You sure are negative. Have you read any of the facts that were posted? You sound like your trying to bash this lower.
As of last quarter there are a total of 120 million shares issued and outstanding. I believe 50 million are floating.

Revenues are on target for 70 million this year. If margins were very low , lets say 5 percent that is still 3.5 million profit. 32 multiples are not uncommon in this industry you can do the math.

I think on the product side margins may be 60 to 80 percent.

However you try to bash it, the facts show this company is significantly undervalued.
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was GoldenDD

10/28/09 12:16 PM

#802 RE: MRCapital #797

i sold today at 0.11 and at 0.1 with 15% profit,now buying back 0.091 and down ,lol. I want to average down to 0.06 so I can make at least 300% in 4 weeks time.
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resident1155

10/28/09 12:18 PM

#803 RE: MRCapital #797

Honestly MRCapital, please refrain from posting nonsense. The entire point of listing on a major exchange is to have the ability to make payments in the form of common stock (they obviously can't pay cash right now). They aren't going to sell their own shares to raise capital...that is absolutely absurd and defeats the purpose of listing on an exchange.

The only reason for the selling is consolidation. People are taking profits, so let them take profits. I will hold my shares tight as more buyers will step in eventually and make the sellers look very stupid.
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AliAngel

10/28/09 12:48 PM

#824 RE: MRCapital #797

To all poster please keep it on topic as we have admin reviewing the board because of the actions today., Please feel free to post any factual based information and info you find about this company. We look to all the posters to Get anything from the filings, 10q, website or googling that will help the strength of the whole team. Please keep the posts concise and to the point and any others please feel free to pm the mods or see us on the other open forum boards. Your help is greatly aprreciated by the Mods here and the administration.