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Microcap & Penny Stocks : 10-Bagger MINIMUM Rise from July 1, 2005 until December 31, -- Ignore unavailable to you. Want to Upgrade?


To: Elroy who wrote (54)7/17/2005 8:01:49 AM
From: Elroy  Read Replies (1) | Respond to of 1694
 
Never mind, found it here

otcstockinfo.com

There are 950,000,000 shares outstanding. And they had revenues of ~$2million in 2004. So with a share price of ~8 cents they have a market cap of ~$80 million. That seems steep for a company with $2 million in sales last year, don't ya think?

Here's their own forecast for 2005-7 sales

"Homeland Integrated Security Systems management expects sales to exceed $125 million over the next three years."

biz.yahoo.com

But they only did this much ($156k?!?!?!) in an unspecified recent quarter?

"SHEVILLE, N.C.--(BUSINESS WIRE)--June 15, 2005--Homeland Integrated Security Systems, Inc. (Pink Sheets:HISC - News) is pleased to announce that its current Cyber Cynergy locations posted a profitable 1st Quarter with over $156,000 in sales and a Gross Profit of $120,573. The stores posted a Net Profit of $14,253. "

biz.yahoo.com

Hmmm, at a glance it doesn't look like a good investment with less than $1 million per quarter in revenues and a current market cap of ~$80 million.

In fact it has moved from 4 cents to 8 cents in five days!

finance.yahoo.com

Seems like a good stock to have bought last week :-)

Good luck!