Earnings: Assuming VLCO is not going to use its own
production facilities and the income you project will end up to be
somewhere in the $400,000 range: For the company to
have earnings of .01 per share it must have revenues
somewhere in the $1,600,000 range (based on current 160 mil.)
At a modest 20 PE we would then have a PPS of $.20.
So this profit center alone has the potential to
get us 25% of those earnings.
Now if you list all the additional revenue
possibilities the film and audio library will generate for VLCO
and the ever-increasing My Family Network advertising revenues
(expected to increase 50% once New York and other major markets come on stream),
you can sense that the cumulative result
will result in earnings that will certainly exceed .01 per share.
And how many pinkies do you know that have
positive earnings?
One Final Note: Due to the emergence of internet streaming media
our earnings calculations and projections could turn out to be
very conservative. JMO