If somebody wants to buy the company based upon the numbers from march 2005 they would have to pay 0.25-0.30 that's now 9 months ago, in these 9 months revenues have grow and profits are much higher in comparison with revenue growth, that's a fact based upon the contracts they have, specially the last contract for the site they are building, that contract could be as much revenue for them as the whole year before.
Also they had that acquisition, there the question is how they will put that in the financials, because those revenues will probably not be published under CTGLF but some of the profits they make will go indirect to CTGLF.
Even if that acquisition doesn't do anything for CTGLF financials then still it shows they have power to do acquisitions wich is not so common with young company's.
Anway, based on these facts they probably will meet their projections of 0.03 earnings a share wich could mean the value of the company would be almost 0.85 by march 2006.
look at most of the company's on otc and nasdaq smallcap that still can grow much and you'll see their share-price is useally much higher then the real value of the company in that moment just because everybody hopes they will grow a lot in the near future.
So even a 'share-price' of 2$ would not be unrealistic for CTGLF, we had 1.80 steady just two years ago and the company was then just a shell...
Not that I want it to be 2$ as the company is not worth that, yet... but they will be by march 2007 if they keep growing like this and probably they will grow even faster!!!
So, never say never, a price is what a fool wants to pay for it.
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