Yes, that was told to me by George Krivine, in essence, when I spoke to him briefly about a week ago or so. Since, I'm posting, great work David - thanks so much.
IMO, also since I'm posting, based on all of the supposed revenues, does anyone have a present estimated fair market value for this stock?
In short, with net revenues of $10M suspected for next year from RMC, Pan Health, and IT, $10M/609 M shares gives an EPS of about $0.016/share. With any kind of PE multiple, such as 20, a present FMV would be about 20 x $0.016 or about $0.32. So, if any of these rumors are true at all, we are literally only one-tenth of the way there at this point.
Obviously, based on nothing more than rumor - I'll be clear about that. RMC mortgages: $500M, Pan Health: $100M, and IT: $30M.
Again, all speculation, especially since we have to wait for the financials, and all strictly MHO and based on rumor (any more disclaimers....?????).
David, Silver Fox-catcher, and ERRAFFer: you cats were there: what do you think?
bst rgds,
rm
rm
|
