How about this scenario?
1. BioWash gets completed next week.
2. There's a couple more NRs with great sales numbers from new distribution agreements and/or repeat orders from the existing clients.
3. An important government contract from, perhaps, an entity like the US Navy.
4. Several newsletter authors jump back in and make STRONG buy positions.
5. One or more Canadian brokerage firms quietly start accumulating the stock...for themselves and sophisticated clients, maybe from Europe, Pacific rim, Australia, etc.
6. One or more Canadian green fund managers start to pick at the stock.
7. One or more major companies start snooping around with acquisition ideas.
8. Meanwhile, Brad lines up one or more private companies for NIR to acquire.
9. The BioWash and Napier financials are consolidated, showing a strong company with a million a month in sales, projected earnings for fiscal '99 of 10-20 cents/share, and 300% growth potential.
10. The company re-incorporates in Delaware as a US company.
11. The company is listed on the NASDAQ BB.
12. US hedge and green funds start taking a look.
13. Several small US investment bankers start offering to help with an underwriting.
14. We decline their offers in favor of a major name investment banker with a solid institutional and retail sale force.
15. More newsletter authors, investment counselors, financial planners, and speculative stock jocks start mentioning us to clients looking for the next 5:1 play.
16. Meanwhile, the retail products have hit the shelves of Kmart, Walmart, Target, Home Depot, Sears, JCPennys, ICI's paint outlets, all the other independent paint outlets, etc.
17. Residential weekend do-it-yourselfers find the products, but so do the contractors who shop at Home Depot, and the light industrial market, with or without Turco and Crown.
18. Some of the buyers of the products want to know if there is a stock play here. They supply some buying pressure as we go forward.
19. By now, the attention of the coatings industry is riveted on our new and revolutionary products.
20. People are beginning to remove coatings off things they never consider fooling with before. This creates sales of our products, but it also expands the sale of replacement coatings that people need to put back on.
21. The big boys see the potential of what is being created. They want in. They start circling like sharks. The acquisition teams start pouring into Napier's home office.
22. The earning and PE ratio now mean nothing, as an auction market for ownership of the technology and patents commences. In the hands of a major and powerful manufacturer, i.e. ICI, Dupont, Dow, etc., the potential is measureable in the $billions...not the $millions.
23. Brad plays it cool. He reconsiders his price targets. Suddenly, $10 become $20/share. And that's still chicken feed to the giant companies bidding for ownership.
24. The number of shares is being reduced as we use surplus earnings to buy back stock. Dilution is reversed, and earning/share grow even faster.
25. Our major investment banker is ready to do an underwriting, so we can buy up a few more private companies selling at low PE ratios.
26. An unfriendly tender offer hits the table at $22/share. Brad pretends to fight it only long enough to complete the auction process and get the final bidder up to an offer of $28/share.
27. A tax free exchange of stock takes place with the takeover company.
28. Meanwhile, Brad has spun CES out of NIR so that we can take of $28/share and reinvest in CES, which is still at $2/share. Brad spends the next few years building another fortune for us with CES.
29. I pull out the 60 year old bottle of brandy that been aging for the last 15 years...just waiting for such an occasion.
30. Me and mine have a hell of a party. And hopefully you're still still long with NIR so you can do the same with your proceeds.
Can this dream happen? Well, I don't think it's just a dream, rather a fairly predictable forecast! |
