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Toxic Avenger

11/19/10 2:48 PM

#9877 RE: mediaguy #9876

"Unlimited financial resources"? Who puts any money into an OTC stock, let alone one with small revenues and huge losses?
$5 a share? A billion dollar market cap? IN A YEAR????
I think that's beyond a wild dream personally.

Last quarter's revenues were $10k. The last 4 quarters total was $63k. Meanwhile the net profit was actually a loss of over $600k. So it cost almost 10 times the total revenue to generate that revenue. It's not a good start when it costs more to produce something than you can sell it for. Then there was another $1 million in expenses on top of those costs over the last 4 quarters.

$63k in revenues, lost about $1.7 million. Good luck with that billion dollar valuation.