Addition to the Portfolio

Purchased a small holding in BPS today at $1.10, I believe it is worth at least $1.50 currently. The main risk I see is that potentially the currency will lose legitimacy and therefore the stock will plummet; I factored this into my evaluation. If the stock drops further in price I may consider increasing my holding.

I am very astonished though that this company is given the same market cap as Ziptel which is currently running at a loss. Sure there may eventually be a turnaround but that is inherently very risky. I feel as though Ziptel must just be popular and hence very overpriced. The $8M profit is very appealing for a company of this size and that should only grow further.

A final concern which I would like opinions on is the Director's share escrow. I read that it will last for two years and worry that they will unload as soon as this is lifted. They hold roughly half of the company so it could have devastating effects. Opinions?