From the latest quarterly filing: "We do not anticipate that we will continue to incur operating losses in the foreseeable future. Therefore, our auditors have changed the raised doubt about our ability to continue as a going concern to a lower risk than declared in previous reports filed with SEC."
Company is DEBT FREE! Recently paid off all debt in shares with a a strike price of $0.25, 100% higher than the current PPS: On September 7, 2012, RVPlus Inc (the “Company”) entered into multiple Debt Settlement and Subscription Agreements. The Company has issued a total of 9,930,000 shares of Common stock of the Company and 1,000,000 Warrant Options for Preferred Company Stock at a strike price of $0.25 per share as full settlement of all debt as of September 7, 2012.
My opinion: The filing, coming this week, will show the inflow of these revenue and net income figures. With $250 million in revenues and $165 million in earnings, EPS will be in the $1.69 area in year one. A low 1 PE put this at $1.69 a share and a 5 PE would have this trading at $8.45.