Replies to post #19558 on In Ovations Holdings Inc. (INOH)

[Kimber1911]

Yes DJ you are right this is trading at .0001. But lets look at what is going on here.

OS is 3.6 billion that is a lot of shares. I have stated the percentage increases many times here.

That means that the current market value for this stock is only 360,000 dollars.

Now lets consider the 3.2 million dollar sale. Lets assume standard business profits, and we can safely assume that MEXP is earning .0002-.0003 per share in profits.

Now when investing a 8:1 PE ratio is considered to be undervalued and to be a bargain stock. So lets use that formula here. According to that MEXP would still be undervalued mathematically between .0016-.0024. I like that kind of math. MEXP never had sales before September, things are different now then they were before. This math is actually in favor for those of us who are in at .0001. Again this is simple common math.

Now is it also considered normal PE ratios, for example AAPLE has a PE ratio of 16:1, and Amazon has a PE ratio of 300:1. I am using this to show that 8:1 is really considered a bargain.

However fast, small growing companies usually have a PE ratio of 20:1. So it would be fair to say that fair market value for MEXP would be .004-.006. That is why I am here. This assumes no more sales on the year either, it also does not assume any more dumpage by MEXP, which would lower this number, nor does it include any share buybacks which would increase this number. Again, while some only see the negative, I see the positive. Maybe I should post math more often around here.

I really like this .0001 no bid stock, even if others have been burned! Their loss is our gain!

[Raider21]

Ponder: Thank you for posting this attached information. Webber's and all others concerned need to be made aware of this. I had never seen this before but I had no reason to be looking. I for one can say this is an outright lie to the extreme but coming as no surprise knowing the business ethics of these people. By next week I shall try to acquire a copy of the "Letter of Indemnification" written on Marine Exploration, Inc. stationary and signed by Mark Goldberg as CEO clearly indemnifying Hispaniola Ventures, LLC (Webber) from any obligations of payment of unpaid wages or debts including to the Dominican Republic Government. It was probably Scaglione who drafted it. I have seen this letter, read this letter which most of us had at one time received a copy of. We all know that this was a full obligation of MEI in their joint venture agreement with Hispaniola which was defaulted. I was present when the big man of honesty, CEO Goldberg, gave us his speeches of how HE (MEI) will see that we get paid what we were owed and he would even add interest. If this was a matter of fact MEI legal filing, I can't wait to inform Webber of this and ask that a copy of the Indemnification be posted on this site so all can see. Coming from the likes of Goldberg, I am not really surprised. If there was even truth to this, don't you think they (MEI and us) wouldn't have filed suit against Hispaniola Ventures?