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Microcap & Penny Stocks : ETPI-Military Entertainment Enters Civilian Market -- Ignore unavailable to you. Want to Upgrade?


To: Kelly Igou who wrote (4362)5/26/1999 8:18:00 AM
From: Kelly Igou  Read Replies (2) | Respond to of 4767
 
Just checked in this AM, six new posts, did not look at any of them since they had the letters "ithasnospaces" either as the poster's name or as part of the subject.

I suggest we all do the same. Just ignore him.

Pretty soon he'll figure out that he's wasting only his own time and energy. Assuming he has any intelligence at all.



To: Kelly Igou who wrote (4362)5/26/1999 10:05:00 AM
From: SCOOBEY-DO  Read Replies (1) | Respond to of 4767
 
Hi Kelly,
How do you calculate the book value of ETPI? When I calculate it, I come up with $0.10.

>>And I really don't see a downside, since the book value of the assets is a little less than double the share price.<<

What I did was to take the net book value as shown in the annual report of $3,051,182 and divide it by the number of shares outstanding of 29,484,108. (3,051,182/29,484,108=0.10348)

Thanks for your clarification.

Go ETPI!! Scoobey