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Urbanite2

02/02/06 10:00 PM

#506897 RE: jmichael7 #506893

PXIT : According to the info from Reuters BridgeStation, PXIT has an O/S of approx. 19.9 million shares, making its market cap at the current price a pitiful 59.7k.

In the last 10-q, the company owned Online Enterprises (an online gaming company) which was valued at $164,790. Therefore, the company should have a minimum value or market cap of at least that, This would be about .009 for each PXIT shares, a triple from the current price of .003. Even that will still be "cheap."