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Microcap & Penny Stocks : GLOW - Global Games, Inc. - Great Profit Potential ! -- Ignore unavailable to you. Want to Upgrade?


To: Wayne J. who wrote (103)4/26/1998 9:05:00 AM
From: Patrick Lauder  Read Replies (1) | Respond to of 8879
 
Thanks for your input Wayne. I was just checking out the penny stock site. I noticed ETPI had a low of .20 cents in last 12 months. They had an esp of .01 cent. For us to get an eps of .02 cent from ECS alone we would need:

.02 eps * 47 million shares = 940,000 of earnings, therefore
940,000 / .35 = 2,685,714 of sales revenue, therefore
Toronto 1997 last quarter sales revenue = 750,000, therefore
750,000 * 4 quarters = 3,000,000 therefore

just based on Toronto last year sales, after they announce ECS deal we should move up nicely to .20 cents

(not counting doubling of outlets in Toronto)
(not counting opening in 5 other major cities in North America)
(not counting other revenues)

IMHO

Pat