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Seprotech Systems Incorporated V.SET



TSXV:SET - Post by User

Comment by frenchfry1on Apr 27, 2010 11:00am
204 Views
Post# 17034996

RE: RE: news today

RE: RE: news todaymaybe you can ask this management these questions and get back to us

if last years revenue was about $8 million then this $2.1 million should put us easily over $10 million without any other new orders.maybe there will be some other new orders to bring us closer to $15 million
with 50 million shares and revenue of $10 million this should trade around 20 cents at 1 times revenues if you forget about the debt.problem is it is stupid to issue shares at 5 cents to raise money.i don't see any effort here by management to get the share price up.i don't even see any of the management buying shares.
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