costs per sign, page-16

yes agree there avenger, initially however the employee costs will be much more than $150K, but the average cost reduces as signs increases because there should be no reduced duplication of support etc.

Stolwyk, I always thought PEs were worked on profits, not revenue. With my more limited research I would say 10c per sign is a little optimistic, I liked the sound of 6c that was mentioned.

Let's say 10 signs within a year @ $500K profit per year, that's $5mill, take a PE of 10 that's $50mill market cap

That comes out to $5mill / 100mill shares = 5c/share

This requires that the company picks up 10 signs a year to justify the marketcap. So right now based on this, either investors are banking on better results than that just mentioned, or that the deals will be worth more than $500K profit per sign. At the moment the marketcap is $80mill so the PE is 16.

There are alot of variables and the example is simplified but you get the picture. Alot of fat has already been built into the company, however, if factual figures exceed expectations, then there is no reason why the price could be well north of a $1 soon, and alot more in a couple of years time. it all depends on how many signs are going to be sold.

Cheers

Cheers