From UNDY's CEO on Raging Bull....
I know some don't like a CEO posting but I don't mind. Having talked to Ira several times I know this is legitimate.
Lakers
UniDyn fundamentals
Val
Thanks for the questions.
the fundamentals as I see it are
UniDyn the Company has three assets
1) NorthStar (10,000,000 offer in summer 1997)
2) Derritron ( Similar company sold for 32,000,000 last November,
We feel Derritron is worth at least 12,000,000)
3) Sterling
We have a contact in hand for apx 42,000,000 annual, and product
rights are most likely worth $50,000,000
So our real book value is over $1 per share on break up alone
Secondly
On the Japanese commitment alone we earn between 0.50 to 0.70
cents a share. If sterling produces 10% of the market, it sells
$150,000,000 / yr
So fundamentally we have a company with breakup value over a
dollar, and a tested Sterling product under contract to produce
earning more than the current stock price.
I thought you guys were spreading the word, and getting your friends in to make a few dollars. Once we get over a dollar, we have firm
commitments from Piper J, and Dain R. to look at caring the stock
forward.
We had to start somewhere. So 0.30 is a starting point. It was funny to me to see the guy get in at 0.15 and out at 0.22 the other week. Last I saw it was 0.32 today. I have no reason to expect it to go anywhere but forward solely based on fundamentals.
For the other writer I write on this board to give people the truth about this company. I feel that it is OK for people to think and act as they wish. But I am able to provide true statements, and answer any questions directly. I believe that I work for the shareholder, and want to help with questions the best I can. I would think that most people would appreciate direct answers from the source.
Ira Gentry
President
Unidyn Corp
UNDY 602-979-2800 |
