|
Paul, Don't leave yet, it's just getting interesting. If you like penny stocks and don't buy this one, I would like you to stick around long enough to give us longs a little feel for what and why you decided to do or not to do, that is the question. I got carried away with that last sentence...but we like people to join us and if they don't, we like to know why not. O.K.? One more post...and then if it's Good-bye, well so be it. Just for your info, I added to my position today at $0.17. When financing is announced and future acquisition announcements follow, our revenue base could easily double in 1998 to over $20MM. Just playing with the numbers, if we convert 10% of that to the bottom line, that's $2MM or $0.16 per share. At a multiple of 40 based on a projected growth rate of 40% per year, the stock would be worth $6.40 by the end of 1998. At that price, a small cap listing can occur and then we get noticed by the mutual funds. Even with some dilution based on issueing shares for acquisitions, the numbers still look great. Wow, we'll be rich. gg IMHO |
