Posted On: 04/29/2012 8:18:21 PM
Post# of 224
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How do these numbers grab you:
First 6 months sales = $6,185,564
Shares outstanding = 477,614,987
Divide 477,614,564 into $6,185,564 and that comes up with $.0129 for the first 6 months
For 1 full year double it and the stock price should be $.025 without a PER factored in. If you figure in a Price Earnings ratio of 10 to 1 then the price should be $.259
Is this stock under valued? YES! YES! YES!
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