APPYS
posted on
Jan 15, 2010 04:20PM
I think it is fairly simple. We are showing an EPS of approximately $.01-$.02, and a share price in the $.15 cent range, resulting in a PE of 5-8.
For some time we probably cann ot expect to generate a market average of 15 or so, lately less than that.
Once the 18 new filings are settled, or whatever, and if we can expect to generate net income of 15-20 million, possibly more, our EPS will be in the range of $.05-$.07, not considering anyother source of eVU income, royalties or revenue bearing partnerships.
Using a minimum PE of 7, we may see a pps in the range of $.35-$.50, more depending on the next wave of infringer filings.
If we determine that investments have materialized from Micro Cap funds, then it would be a positive situation as to the share price potential increase.
Assuming we maintain a strong balance sheet, then I believe the major factor to see an upward trend to the share price is the EPS.
After all, the EPS yields a conversion to the PPS and the investment return is based on these numbers.
jmo