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Microcap & Penny Stocks : Cubix Investments - QBX on the CDNX

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To: keith massey who wrote (19)1/9/2000 5:53:00 PM
From: Crazy Canuck   of 135
 
>>So that make approximately $61 million is assets ($28.25 in cash) after the $1.75 million PP closes. Not bad for a penny stock with 35 million shares out.<<

I know it has been pointed out before, but what the heck, let's take it to the next step again . . .

$61 million in assets divided by 35 million shares = $1.74 per share at book value. Current price is $.98.

Yes, I would say that there is some room for appreciation here <VBG>.

Thanks for finding this one Keith!

Crazy Canuk
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