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TheStock411

03/09/11 3:56 PM

#22647 RE: lowman #22645

This just recently ran to .0075 ..so the possibility for this to move in either direction is certainly there and proven on the chart ..news is the catalyst and more importantly i believe it will take full discloser update on the Pinks to really see this move up to next level imo
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sinbad123

03/09/11 3:56 PM

#22648 RE: lowman #22645

Well, I would question wether there would be any increase in a/s. Most pinks do increas a/s so they can sell so as to raise money since most do are not yet in any strong revenue phase. But 2 things here are that they have $1mm in hand from sale of debenture, plus a $10mm line of credit. Lastly this is an ongoing business with thousands of clients that is bringing in revenue also. Not to say they won't ever kick up the a/s but based on the parameters stated I would say there is a minimal chance as I don't know if there would be a need. But this is a pinky. We'll see.
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TheStock411

03/09/11 3:59 PM

#22649 RE: lowman #22645

I think you meant maxed out OS not AS ..market cap is calculated by the outstanding shares