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potofgold

11/20/09 2:40 PM

#89455 RE: Wyatt Lee #89449

I don't worry about the outstanding shares because once etrade gets aboard and move up to bb and the CE is removed I believe them shares will be gobbled up.

It's better to have to much then not enough. IMO.
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pocket.change

11/20/09 10:27 PM

#89505 RE: Wyatt Lee #89449

not to be a stickler but according to your equation:

NOTE: pps = current or projected financial's / SS

example: $250,000/7,000,000,000 actually equals .000035 YES that's with 5 zeros.

that means that currently the company should be worth $2,500,000 in order for the pps to be at .00035

so unless the company is worth 2.5 million dollars (which its not) we are trading way above the companies value with the existing share structure.

if you're still projecting .0017 by years end, BBDA needs to be worth an astounding $11,900,000. i suppose this is still possible assuming BBDA products are selling in every convenience store in the country. IMO.