VRDM - Veridium Corporation Message Board

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Technology Stocks : VRDM - Veridium Corporation

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To: tommycjr43 who wrote (42)	4/12/2006 9:32:03 PM
From: Crabbe	Read Replies (2) of 133

The pop started on friday about 2 PM EDT. The reason for the pop was that VRDM was very undervalued and was held there by a former creditor of Veridium who was issued shares (equity) in place of about 1.5 million in debt. The objective of this former creditor was was to recover their money and they have been selling heavily for the past several weeks, in lots of 30-50 thousand shares. If you relook at the pattern Veridium was often up on the open and held for 30 minutes to an hour and then dropped to about 4.0 cents for the rest of the day. The company completed their sales Friday afternoon. With no dumping of stock the price started rising, and has continued through today after profit taking yesterday. Veridium is still under priced in my estimation, somewhere in the range of 2 times earnings, maybe three times earnings. Their growth in my estimation is greater than 100% per year and over the next couple of years could exceed 1000%. Do your own research, check their business plan, and their technologies and see if you agree before you buy. The biggest problem I see in the future is the ability to finance the expected growth. I talked with Kevin Kreisler on the phone last week, and he assured me that financing the growth is no problem. Veridium has stated the intention of saturating the Corn Ethanol Industry with their Corn Oil Extraction System(TM) I personally believe they will but it is a big question if they can. I believe the COIS(TM)) is that good and will at least garner half of that market, over the next year or two. Their other technologies are even more promising over the longer term future. The prior lag in following the news and moving is over. r

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