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agribusiness72

06/01/11 11:21 AM

#4059 RE: steve5 #4058

My quote, and I think a good one, lol, was just to draw attention to even SEC filings 8k's especially can be fraudulent or not completely truthful. NO I am NOT saying CPOW is that way, not at all. But the weight that you put into those can not be as much as the financials. Audited Financials are FACTS. 8K's contain a ton of forward looking statements that could change drastically. Even the current JV's have potholes in them ie If so and so can't complete their agreement, then ..........

I would say that you use the term undervalued a lot. If you look at the market capitalization of this company along with the past financials, i'd say its slightly over valued. The problem is as has been pointed out, even with all the JV's with 240 million shares and very little profitability if any (we'll find out soon enough) it will be very difficult to raise the pps. Look at other 240 million dollar cap stocks and see what they are bringing in for revenue and profit, what assets they own. We all have to be realistic in our assessments and take emotion out of it. But let's be honest this is a penny stock and extremely volatile, so I wish you luck.