I appreciate your opinion, but I disagree with it. If I were to go by your valuation process most pink sheet stocks would be valued at zero. That would also mean that 90% of pink sheet stocks trade solely on hype or forward looking statements, in which like what you say there can be no valuation.
jmurfk - I don't mean to get in the middle of your point-counter point battle, but I am interested in your perspective. Given the available information, what is your pps estimate? Give a rationale for it. Don't say it can't be done cause earnings aren't available, oilin77 gave one based on a set of numbers. I think it would be of value to the board to see how far off you two really are in terms of pps estimates. Thanks in advance!
I think thats a good question. You have been posting here for a while with nothing good to say, what numbers are you using to come up with your value of .0008 and how are you sure this stock will not hit .002 again?
Remember just one post a day so ill reply tomorrow.