InvestorsHub Logo
icon url

HDOGTX

02/09/11 1:39 PM

#1545 RE: RNG168 #1543

***MITD Conservative Valuation Yields $.49 PPS***

MITD is to acquire one hundred Percent (100%) of the two companies, National Direct Home Pharmacy, Inc and Palmetto Long Term Pharmacy, LLC in South Carolina

So we're looking at potentially $17.15M in combined annual revenue based on the acqusitions National Direct Home Pharmacy and Palmetto Long Term Pharmacy, LLC. By using a conservative 10% EBITDA and a 15 P/E with the current O/S of 52,254,571 shares, the PPS will be at $.49, imho....

Please note the FLOAT here is around 4M!!

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58570109

Expect this deal to close by early next week at the latest with an 8K followed by a PR.

His guess on the float is about 4M shares. Insiders hold all but 20M and friendly's hold the other 16M.

MITD is acquiring real companies:

More info on the companies acquired:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58570109

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58573238

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58573127

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58572344

This stock should go to AMEX

$20M+ revenue possible in 2011 and stock could trade well over $1. No reason it can't get listed AMEX.