Just a reminder/update.
Lawrie from IR at Markatech 1-800-338-7844 has indicated to me that there should be a press release soon (3 days) on the compact disk manufacturing deal they are working on. This is extremely good news, as it means the CD deal is moving ahead.
The news is important because this isn't a resource deal, where they have to "wait for assay results" that you suspect are already in their hands, or where it depends on the "grams per ton over x feet". This isn't even a "at least x% of the $XX billion market" type of deal.
This is a fixed operation, where the major customer will have an equity stake in the venture. Where there is insufficient capacity in the market, and where the long term market is also growing exponentially.
Once the equipment is installed, BANG! It starts to produce a net profit cash flow of $1.2 million per year on a one shift basis. That is profit after salary, direct labor, overhead etc.
There are approx. 9 million shares outstanding. Work the profit per share and likely share value numbers yourself. Not bad, you will find. Then work out the potential if they run the machine 5 shifts per week instead of just 1 shift. Phenomenal is the likely answer you will come up with. If you by chance you want more, add a second machine and rework the numbers.
Sorry if this sounds too promotional, but everyone should look at this. It isn't a done deal yet, it is speculative because the dotted line is still open. I believe this has so much potential though, that it is worth looking at, at least worth the DD.
This is my opinion and I do own as many shares as I can buy.
Ted |
