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Microcap & Penny Stocks : AWLT wines and gourmet food - Italy Direct -- Ignore unavailable to you. Want to Upgrade?


To: Vince Di Lullo who wrote (650)3/16/1998 10:28:00 AM
From: Slim Pickens  Read Replies (1) | Respond to of 2595
 
Hi Vince, I'm in Tampa and have volunteered to work for the company for free, except for expenses and maybe some stock options! Maybe they need a wine tester. They know how to reach me. :)

About that $5mm, like Matthew says, let's wait and see. The current stock price probably does not count the 5MM as an asset.

The current price barely reflects the Pre Danielle revenue. A large company, when buying up the Mom & Pop competition, will generally pay one times recurring revenue. $3MM+ (revenue excluding Danielle) divided by 16.5MM shares approximates the current price. Anything more will require audited financials and/or either notice of the actual completion of the Danielle deal, or some audited earnings. Any earnings at all after the audit, and the valuation process takes on a whole new light. When we talk multiples of earnings and growth factors, today's price will look like a buying opportunity instead of a speculative risk. That's when to future new PR people will really have something to work with.

Slim