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naturalborninvestor

04/06/10 4:11 AM

#4388 RE: insideinfo80 #4387

Yep, so what is your point?

We have used STTN on this board as one reference in valaution as there are some interesting similarites between both firms. If you read back some posts, it appears that management of APRO has been retained as part of a "marketing agreement" to drive sales in the business direction of STTN.
APRO is not the featured firm of this promotion. The point of interest is whether a market cap of $50m or anything near there is justified for STTN. That, in turn, makes APRO appear significantly undervalued! Prior the awareness campain, STTN was trading around 50 cents with a comparable share structure. Does that make APRO less undervalued?
Another interesting poin to notice in that STTN promotion is the §3m EBIT figure that leaked with respect to APRO. You do the math: $3m on 86M O/S...

We just need confirmation from a filing. And per PR APRO is working on just that right now...