DRGI (Diversified Resources Group) Message Board

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Microcap & Penny Stocks : DRGI (Diversified Resources Group)

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To: Auricman who wrote (607)	8/2/1999 8:58:00 AM
From: Jim B	Read Replies (1) of 818

HOLY CRAP! Some of those earlier said that they were concerned about future earnings NEVER materializing.. and even I said I was to a point... we all suspected they had some real estate deal coming.. but this is fantastic.. we've already had some people who live NEAR the area validate this.. $5,000,000 year on even 85million outstanding would be about 6cents per share per year... PE of 10cents (very conservative for real estate deals) should give company 60cents/share... not too mentioned we're still waiting on confirmation within a few days on the prepaid phone business which is to generate $1.5million a MONTH! or $18million a year giving us another 19cents/per share earnings.. which would give us a $2.50/share value on this stock... say half of that becomes reality.. we're at $1.25/share and right now trading at freakin 12cents!??? yeah right. Now fact is only the first deal above is CONFIRMED DONE.. so I see the company worth 60cents.. but if you want to factor in potential now.. $1.00 should be doable. But one step at a time... CEO of DRGI says there is still more news coming shortly.. I've heard another one this week.. maybe early this week, but we'll have to see.. wonder if it has to do with last monday's news.. this is great.. they were honest about selling the shares.. they were honest and gave us the audited financials.. pretty or not.. we got them... and now they are delivering on their promises to having signed a contract that would produce significant revenue flow to ensure their future outlook and there is more coming.. this is the "small" deal from what I've heard. Congrats everyone... hope you all are able to get back in under 15cents.. spread the word.. going to be a fun watching smart money pick it's entry point today coming back in. jim

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