GREY:VMSTF - Post by User
Post by
cymlanon Feb 28, 2005 11:00pm
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Post# 8672865
Comparison with SAMSYS
Comparison with SAMSYSThe last quarter SAMSYS had 1.4M$ revenues and a net loss of 2.6M$.
They got 47 658 324 shares oustanding. The stocks trade between 3.97 and 1.20$.
That's put them at a ratio of 12 times the earnings (minimum).
The reality is that when we buying those kind of company we are buying the future.
I will feel more confident with Versatile if we can close the deal.