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53chevy

01/06/11 1:55 PM

#27608 RE: nsomniyak #27607

The S-1 registration they indicated would be filed should provide that, as I think they have to include 2 years of audited financials. Either then, or with the subsequent prospectus when they submit their AMEX application. What we do know is the minimum revenues.

Even if you only do 1x (which for a start-up is usually caculated much higher) that still equates to nearly a 50c pps, pre-split. Once we know actual profits, and we can use EPS multipliers (business services is currently averaging 22.5x) then we can see how much higher the pps is actually warranted.

Either way, you gotta love the flow of info recently, after nothing for a year. The influx of news tells me they are definitely getting ready!

And here's the key........with a minimum pps of 50c pre-split, a min RS of 1:10, and PROFITABLE revenues in excess of $20M, that should get us to AMEX qualilfication levels........easily

http://www.amex.com/equities/howToLst/Eq_HTL_ListStandards.html