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Biotech / Medical : Senetek (SNTK)
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To: jh2006 who wrote (77)11/7/2007 4:18:02 PM
From: inchingup  Read Replies (1) of 101
 
Sorry about your friend.

The figures I posted are the ones presented today by Senetek at the conference. They came straight from the 8-K filed yesterday.

xml.10kwizard.com

I had certainly hoped for better news also, but...when I saw EBITDA earnings vs. net earnings it was perfectly clear to me that the stock would begin to sell off.

If one assumes a corporate tax rate in the mid 30 percentile, it appears to me that SNTKY would probably generate no more than $2MM net at best, or about 3 cents a share for 2008. Not all that exciting.
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