Well...this stock is quite amazing. 18 cents....83 million on...

Well...this stock is quite amazing. 18 cents....83 million on issue....market cap of $15 Mill...No debt...$16 mill in the bank...possible capital return of the $16Mill i.e 19 cents a share and projected profit of $6 - 8M in 09 on recurring revenues. On a PE of 10 say $7M profit I get a value of 84 cents a share plus the possible capital return of 19 cents a share.

So say you buy $100K's worth...assume you get the capital return of 19 cents...and they make a $7M profit...and it's re rated on a PE of 10 means you get $466K worth of shares for nothing !

Interesting !!