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bliz82

04/21/10 9:04 PM

#34020 RE: Staten #34019

No I agree with that! I'm not sure how much more having IFS involved in a JV will help. I'm just using RTGV's own numbers from the 8K for now. Part of me thinks this could end up being a huge winner over the next 2-3 years (100 bagger) and part of me wonders if it will amount to anything. I suspect RTGV could be in for a nice run when some verifiable parts of the business plan start to roll. I'll be here to find out and might even add a few more shares yet. GL!
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bliz82

04/21/10 9:08 PM

#34021 RE: Staten #34019

For example, let's use RTGV's own numbers for year 3.

13.9M in net profit.

I assume since these preferred shares for acquisitions will become common shares at some time, I'll use 200M (O/S) for my calculations.

13.9M/200M = .069 eps x 30PE = $2.08 pps (nearly a 100 bagger).