CM8 Chart Indicating Breakout to UPSIDE, page-46

I did a bit more research on the weekend to find some more near-term profitable companies, and managed to find a handful that posted a loss but expect profitability in the next 12 months.

There were no mining companies in the list, they were all small businesses selling either product or services, with SOI mostly 200 - 530M (range 180 - 1100M shares) and sales revenues in the region of $6 - 16M.

Most of these near profitable companies were in the MCap range of $30M to $60M (range $22M to $60M) and so this places CM8 as significantly undervalued at $10M MCap.

Obviously there is a range of factors that determine how a business is valued by the market but on a comparative basis, there was nothing that stood out to indicate why CM8 is discounted so heavily by the market and it would appear to be underpriced, for whatever reason.

A target of 10 cents a share just puts Crowd in the normal range for a business that is about to turn profitable but anywhere from 8-15 cents is possible.

Once the Annual Report is published (I think later this month) the business performance figures will be picked up by the various tracking softwares and this undervaluation will become visible to those that invest using these metrics to compare companies.

At this point, the true market value will be realised.