Replies to post #3133 on Radix Marine Inc (fka RDXM)

[rainbow898]

Absolutely, BB. Even if they execute only 1 country contract @ 10% of the project sales this year, we are looking at

$3 Mil in revenue for RDXM
@ 240 Mil shares in the OS

Assume 60%(low end) of $3 Mil ~ $1.8 Mil Net Income

share price should be at least .075 @ 10X EPS. So, anything below .05 is extremely undervalued at that very conservative projection.

EPS ~ 0.0075
5 X EPS ~ 0.0375
10 X EPS ~ 0.075