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vawedo

01/29/10 10:50 AM

#1403 RE: bliz82 #1402

I will refrain from argueing with you.I attach more importance to a.o.the Grassroots method of valuation:
VALUATION
THE COHEN PRICE TARGET - $1.01
The Cohen Price Index Target is derived using a combination of academic and market-based valuation
approaches. The four equal weighted (25%) important components used in calculating our target price

than your simple approach.
So all I can say, follow your analysis and do not invest in BGEM..I know I will and in no small way either.

Let me quote the report's conclusion:

The Company competes on the basis of speed of service, proximity to consumer groups and
unconventional new products. We are confident of the ability of the Company to penetrate the market
and garner a larger market share. Risks include raising capital, and the execution of the Company’s
proposed business strategy. The Company will have to raise $2 million of capital to meet our
projections.
We forecast BGEM is on a fast paced growth trajectory and believe the Company is a potentially
lucrative investment opportunity for risk adverse investors.
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vawedo

01/29/10 11:16 AM

#1407 RE: bliz82 #1402

Bliz..if my reply sounded a bit rough around the edges..I want to apologize...I am just having a bad hair day LOL
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cartsoon

01/29/10 11:27 AM

#1409 RE: bliz82 #1402

Hey bliz it looks like you put a lot of time into bashing and now you go over to another site also to bash BGEM I guess the ignore button will be used yet again, I'll drop you a line in 2 weeks :)