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Calrod

11/28/12 8:50 PM

#27762 RE: PhilCheeze #27761

Net sales from NEEL and NEX global is $170,885 combined with CWS sales at $195,000 with current sales orders in excess of $230,000. Not to bad .4 million in sales in 2012 so far.
Wow there are contracts and more will be coming!
I am excited that the news is finally released so we know where we are at!

I still like your post from earlier I will copy it and post it everyday lol:

WAFR Net Assets = $10M (liquidation value )
WAFR Current Market Cap = $1,081,592

$10M / $1.08M = 9.25 factor

Current PPS = 3 cents x 9.25 = 27.77 cent PPS liquidation value only.

Conclusion: WAFR is trading 9 times lower than its liquidation value, thus we have a STRONG BUY here. Period !

My DD was right on the money here !