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Message: Re: Rg's plan for a RS...Ignited

Jan 06, 2009 07:44AM
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Jan 06, 2009 08:19AM
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Jan 07, 2009 09:53AM

No problem Ignited...it's okay to agree to disagree...but remember..

1. RG and BOD are already planning for a RS when the "time is right"

2. to get to a reasonable PPS over $5 we would first need 400,000,000 rev's with a net of about ...220,000,000 and assuming that we will have all 600MM shares issued in the near future thats an EPS of .33/share...give us a 15 PE multiple...and we get to over the $5/share number

3. We are a long long way off from 400,000,000 revenue a year, even with a good reexam....even the latest Dutton report if we go 15 times higher than their 20,000,000 yr est for licensing , and add in the 2013 est for the other entities will not get us to over 400,000,000.

So yes we have a CEO who is moving us in the riught direction but even he and the current BOD know we can't get off the BB with our current revneu projections and they know more than we do about what they expect for licensing...so the tlak of a RS even with the CEO telling us to expect it...is not my favorite choice of actions...but one that will be best all around and one that WILL happen if you want to see $5/share.

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Jan 07, 2009 01:53PM
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Jan 07, 2009 02:44PM
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