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Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46

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To: CrazyTrain who wrote (1506)10/30/1998 10:19:00 PM
From: bottomfish   of 5541
 
Determining future value of MVEE stock. Any one can help me out on this.

MVEE outstanding stock is 90 million shares
Assume for moment of 200 million in revenue accumulated I do not know when. If revenue is the only major assets MVEE has. then would not book value be 2.22 per share. Giving trading going above 20% above book. that would be 2.75 per share. What other major assets could possibly be considered?

Please tell me what kind of revenue does this company has to generate to see share trading $20 or more when there is 90 million share out standing? I just do not see MVEE getting up to $20 until they start producing big budget films.

It is also assume that this stock could go way above book, because of block buster movies, then come back down to realistic levels.

It would be interesting to know what was total revenue of Cannon Pictures when their shares were selling $40.

Based on GG game plan though this company still has the makings of a future 10 or 20 bagger. You can see I only been in this business 2 years.
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