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G GEKKO

08/15/12 6:59 PM

#152087 RE: Go smky #152072

Here is just an approximate breakdown:

At $0.017 per share, the current market cap for BBDA is around $38 million.

Using the "average" P/E ratio of 28 on the NASDAQ, BBDA would only need annual earnings of around $1.36 million to justify the $0.017 share price.

BBDA reported $600k earnings for Q1 2012, which translates to $2.4 million in annual earnings. However, this is WAY BEFORE all the latest developments (e.g., Walmart placement).

So even before the Walmart deal, BBDA still appears to be undervalued at the current share price. But once we include the Walmart deal, Europe/Asia deal, etc., it appears BBDA is EXTREMELY UNDERVALUED AT $0.017 PER SHARE.

That's why in my opinion, we have a LONG way to go, and BBDA will easily exceed $0.1 per share. As a result, my finger remains nowhere near the sell button.