RE: $4.00 by end of dayElmer I think you may be a little optimistic. Lets walk through the numbers.
MPE has signed $7.4 million/year worth of contracts.
There are closer to 50 million shares fully diluted. (Not 37 million)
7.4 million / 50 million = $0.148 in earnings
Sino and Cathay both are trading at 12.8 times next years earnings, but I like to be conservative so I will use 8 times earnings.
$0.148 x 8 = $1.18
$1.18 is where it should be trading based on known information. As we all know there is a NR coming.
For MPE to be worth $4.00, they would have to have earnings of at least $0.50. Therefore the NR would have to be announcing a contract worth in excess of $17.6 million/year.
It is not impossible but to increase there sales by 300% would seem unlikely.
All that being said I hope you are right, as I have a decent numbers of shares.