BHWF market cap right now approximately 950 million shares (from the 10q filing) x .0004 = $380,000.00!!!! That's less than the EBITDA of $525k!!!!! BHWF undervalued gem!!!!!!!! With a conservative muliplier of say x10, BHWF should be trading at least 15x higher (conservatively) from .0004!!!!
Twelve Months EBITDA Turns Positive for The BlackHawk Fund 09/29/2010
EBITDA is an acronym for (Earnings Before Interest Taxes Depreciation & Amortization)!!!! BHWF had positive EBITDA of $525,072!!!! They turned that around from a negative $112,031 before!!!!! WOW!!!!!!!!!!! Here's the news dated September 29, 2010 read it for yourself!!!! Unreal opportunity!!!!!!!!
New York, NY, September 29, 2010-Ebitda News reports that EBITDA for The BlackHawk Fund (OTC:BHWF) for its twelve months ended June 30, 2010 was a positive $526,072, compared with a negative EBITDA of $(112,031) for the comparable year earlier twelve months. EBITDA for the most recent twelve months also reached a seven year high.
For The BlackHawk Fund's quarter ended June 30, 2010 EBITDA was $70,158, compared with $(21,962). The BlackHawk Fund has generated four consecutive quarters of positive EBITDA. EBITDA for the most recent quarter also reached a eight year high.
The shares of The BlackHawk Fund were recently trading at $0.0003.
EBITDA defined by Ebitda News:
EBITDA is an acronym for (Earnings Before Interest Taxes Depreciation & Amortization) and it is calculated by taking Operating Income and adding or subtracting depreciation and/or amortization.
EBITDA is a relatively new performance metric that came into vogue during the 1980s. The reason why is because corporations in the 1980s significantly increased the use of debt to finance their operations and acquisitions. Many investors and analysts believe that the increased interest expense as a percentage of total income due to the significant increase in debt masks the performance of an operating business and thus reduces the valuation of that business when traditional valuation metrics such as after tax income are utilized. EBITDA was created so that investors and analysts would be able to understand a company’s cash earnings power before non-cash items such as depreciation and amortization and interest and taxes were expensed. EBITDA has also become an increasingly popular performance measure for global investors and analysts because many countries have varying corporate tax rates. The simple theory behind EBITDA is that it is the actual profit that a business or corporation would generate if it were to be sold to an all cash buyer.
Ebitda News is currently the only "EBITDA" news source for over 8,000 public companies for monitoring and reporting on EBITDA. It currently publishes over 30,000 stories per year related to EBITDA and is the leading global source for EBITDA related news. Ebitda News’s company, industry, indices, sector and ETF news and archives are available at www.StockTrendNews.com.