PMGIF: .08x.10, Shell company oversold
Out of 23 SEC reporting shells that I follow, PMGIF now has
a market capitalization of $418,000. This is $797,000 below
the next lowest market capitalization shell company in the list.
It is also about $2,000,000 below the median market capitalization
of $2,509,000. Basically, IMHO, it is oversold for a shell company.
You can buy it now for about the same price a merging company
would pay.
Princeton Media Group Inc Ticker: PMGIF Page 1 of 10
Complete Financials: September 1999 Exchange OTC
FY END DEC
ISSUE DATA (03/17/00) PER SHARE DATA RATIOS
Price $ 0.21 EPS (TTM) $ 0.00 P/E (TTM) NM
52W High $ 0.28 Div. Rate $ 0.00 Yield 0.00 %
52W Low $ 0.03 Book Value $ -0.34 Price/Book NM
Shrs Out 4.18 Mil Cash $ 0.00 ROE (TTM) NM %
Float 3.40 Mil Rev (TTM) $ NA ROA (TTM) 0.00 %
Mon. Vol 0.59 Mil Curr. Ratio 0.01
Beta -0.45 LT Dbt/Eqty NM
BRIEF: PMGIF operated until 10/98 a publishing and printing
business that owned, published and printed 25 lifestyle and
special interest magazines for the U.S. & foreign markets.
For the 9 mos. ended 9/99, revenues totaled $0, down from
$11.5M. Net loss applic. to Common before extra. item fell
99% to $70K. Results reflect the assignment of all the
company's operating subsidiaries. Lower loss reflects the
absence of a $1.5M charge for bad debts. |
