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Microcap & Penny Stocks : MegaWorld Inc. (MEGW)
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To: Emec who wrote (435)5/5/1998 9:56:00 AM
From: jake burns  Read Replies (1) of 1058
 
Well, one more press release out of the way. The big one is still to come. But this is great news. The asset alone is worth just under 12 million. With 2.08 million shares outstanding, the company's book value should be valued at around 6 dollars with just that asset!!! If successful, the revenues from the castle are terrific. 17,000 a week x 52 weeks is 884,000 x 100 units is 88,400,000 dollars. Of course, that assumes a sell-out. I wonder how much of that is profit? And they said it's the first of many unique time shares the company will operate!! With a current 14.5 million market cap as I write this message, this company is way undervalued!!!! And think, the big news announcement is still to come. Whoever is shorting this company must be getting nervous. Thoughts anyone?
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