Apparently the market thinks that given a 600% ann
Post# of 11899
Posted On: 11/07/2012 11:22:48 PM
Re: Hector Android #7717
Apparently the market thinks that given a 600% annualized growth rate (according to the Q3 report), (which could give RFMK a 600 P/E multiple), that the stock price currently at $0.0016 and the O/S at 1.5B, total annual revenues would be approximately $4,000. LOLzzz
Oh wait, that would be a fourth of the earnings they made in the year ago period, so that does not seem to make sense. Very amusing is the current PPS yet laughing, I am not. 
The 20,000 unit order alone is worth $1.5M, and assuming they make $750k annualized, at a P/E of even 50, that would make for a fair PPS at about $0.025, at a P/E of 100, $0.05 and a P/E at 600 then $0.30!!!! Some screws loose in this market me thinks. Just my opinions.
GLTA
$RFMK
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