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Microcap & Penny Stocks : MPTVE - Turnaround With Huge Potential -- Ignore unavailable to you. Want to Upgrade?

To: icedog who wrote (4474)	6/12/1999 9:39:00 AM
From: myturn	Read Replies (1) \| Respond to of 5783

Excellent DD Tom. Those numbers are quite conservative and very attainable. Where do we go in the near term? It is anybody's guess, but I see .05-.08 within reach on Momentum alone come Monday or Tuesday. From the way the PR was written on Friday; we will definitely be seeing another one before the week is out. JMO

To: icedog who wrote (4474)	6/12/1999 11:14:00 AM
From: icedog	Read Replies (1) \| Respond to of 5783

MPTV another Financial Prediction: (slight mistake in first post, forgot to increase shares on Hawaii, and Palm Springs) Latest attempt to update MPTV earnings potential for the next several months. Assumptions: Authorized limit - 750 mil (not confirmed) Outstanding shares - 625 mil (maybe slightly high, not much though) Note this is only a rough estimate. Current estimated value of the property (conservative) = $35mil Current estimated debt (conservative) = $12mil Net profit = $23mil Book value = $23mil/625mil shares = .035 (value of stock when loan closes) Lake Tropicana: Total assets from sales = $261mil (20,592 intervals x $12,700) estimate profit ratio of 20% (conservative) profit = .2$261mil = 52.2mil* Estimate 18 months for total sell out: Total guess, these numbers could vary wildly depending on how fast the corporate sales go.. 65% total sales for first 12 months 35% total sales for last 6 months Estimated contributing EPS for 1st year after sales start: $.054 ($33.9mil/625mil shares x .2) Estimated contributing EPS for 2nd year after sales start:$.029 ($18.3mil/625mil shares x .2) Now add in Palm Springs and Hawaii RANCHO MIRAGE VACATIONS 65% of revenues goes to MPTV, assume 20% profit Total estimated revenues: $36,504,000 (4992 intervals x $11,250) Timeframe: 18 months (average of 1 to 2 years) Estimated contributing EPS for 1st year after sales start: $.0076 ($24mil/625mil shares x .2) Estimated contributing EPS for 2001: $.004 ($12.5 mil/625 mil shares, x .2) KONA REEFSHARE RESORT Total estimated revenues: $110,448,024.96 (6708 intervals x $16,465.12) Timeframe: 30 months (average of 2 to 3 years) 40% 1st year after start: Contributing EPS for 1st year: $.014 ($44mil/625mil shares, x .2) 40% 2nd year after start: Contributing EPS for 2nd year: $.014 ($44mil/625mil shares, x .2) 20% 3rd year after start: Contributing EPS for 3rd year: $.007 ($22mil/625mil shares, x .2) EPS estimate for 1st year of operations = .054+.0076+.014 = $0.075 Use a multiple of 10 and it gives you a conservative estimate of $0.75 stock. There are many other factors that could affect these numbers. The numbers are conservative and one could easily double these values. The industry average for a multiple in the timeshare market is 20 or better. All this doesn't even take into account that MPTV is carrying forward a $20 million plus tax-deductible business loss.