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Maxell46

01/24/10 11:39 AM

#13095 RE: Huggy Bear #13094

Welcome and I think you've found a good one to put some $ toward!
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Mr. Ask

01/24/10 11:49 AM

#13096 RE: Huggy Bear #13094

good to hear. Stock promoters havn't been paid so it is truely a word of mouth type of deal at this point (another good sign that management has lots of confidence in the future). I dont think it will be under the radar for very much longer so good timing on your part. finding a reverse merger early is a great thing to do when there are as many x factors involved as there are currently.

The latest filing on pinksheets shows a minimum expected revs of 17 mil and 3.75 profit which when using a p/e of 15 you get a pps of around .18 cents (300M o/s). If we get a big movie at sundance or just one of the various goals (x factors) of management comes to fruition then pps should be even higher then that. The ceo is qualified and experienced, no dilution so far nor is it planned/necessary at this point in time afaik. the list goes on with some research. Reverse mergers and premium buyouts are my favorite.