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NWAU is a used car company based out of Arizona. They have put together 3 car dealerships and plan to have a total of $25-30M in sales and $5-6M in earnings. For a company with a total of 16M fully-diluted shares outstanding, no debt, potential EPS of $0.25-0.30 and a share price of $1, this seems to be a compelling value. And don't forget the diamond in the rough. The Navicom GPS unit, given its recurring revenue stream from its subscription base and its high growth potential could justify the current market cap all by itself. The company is listing to get on the Nasdaq BB, up from the pink sheets. I guess we will see how this shapes up. | ||||||||||||||
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