Replies to post #819 on Adarna Energy Corporation. Co (fka ADRN)

[rrufff]

As you know, most analyses, even for big cap, "real" companies looks forward.

The PR - says what it says - and it says they are projecting 23 million in revenue.

The execution of an agreement to acquire Independent Metal Sales, Inc., which will bring INSEQ to an estimated $21 million in annualized revenue and $2.1 million in EBITDA;

-- The execution of a letter of intent to acquire a Specialty Metal Manufacturer ("SMM"), which is expected to add another $2 million in annualized revenue with better than 10% EBITDA;


If you take 23 million and divide it by 4.2 billion shares and give it a growth companies reasonable 3-4 p/s, you get a share price of somewhere between .015 - a bit over .02, which would be a nice gain from here.

(Note - I'm not guaranteeing the income, those are projected in the PR. If it comes through as projected, then this is underpriced.)

[bones1420]

insq-moderator, please delete this post i'm responding, i was in error w/my calculations. thx you