InvestorsHub Logo
icon url

hebroots

08/03/13 8:39 AM

#12443 RE: Larry #12442

That would be nice, of course, for those holding shares. I do however think ITNS would be bought out before it got that high. One could think of stock price in terms of earnings per share, and with the current O/S approaching 1 billion shares, ITNS would need say 100 million dollars in net earnings, with a suitable multiplier to get to that level. So I think as time goes on and it looks like that may be a possibility, a takeover would occur before then, IMO.
Also important would be to get ITNS out of the pinksheets.

Definitely need to see something in the box and on the shelves!

That alone should get us to 1-2c.

But hey, one can dream.