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Prostar Holdings Inc V.MAPS

Alternate Symbol(s):  MAPPF

ProStar Holdings Inc. is a geospatial technology company that is a developer of software-as-a-service (SaaS)-based solutions. The Company is engaged in providing precision mapping solutions and geospatial intelligence software, which is designed to enhance the management and maintenance of the asset lifecycle for asset-centric industries. The Company’s PointMan product is a cloud and mobile software application. PointMan provides a precision mapping solution that provides the ability to capture, record, display, and manage critical infrastructure in real-time, including roads, bridges, railways, pipelines, and utilities. The Company operates in one reportable segment, providing Geospatial Intelligence Software for asset-centric industries. Its Solution enables real-time access to precise location information on what lies below the earth's surface.


TSXV:MAPS - Post by User

Bullboard Posts
Comment by ripantuckon Oct 20, 2011 12:51pm
155 Views
Post# 19167161

RE: Some Questions Posted to Doxa Management

RE: Some Questions Posted to Doxa Management Based on Stockhouse, the market cap is $5.78 Million. The present annualized revenue is approx. $3.0 Million and the company has very few expenses. I believe that, somehow, people just don't realize what is going on here. Even with a worldwide severe "double-dip" causing oil prices to fall to $50 to $60 per barrel and gas prices to fall below $3.00, this company is almost assured medium and long-term profitability. Anything less than a severe recession and this company is almost assured ridiculous profits on a per share basis. Obviously, either there is a risk factor(s) that I am not seeing, or this is the first company I have ever seen with a low risk and a realistic 12 month price target of 300% to 1000%!I must be missing something here. What fundamental risks am I missing? Even with bad luck in future drilling and poor market prices for oil and gas, they should have a minimum of $4 to $5 Million in monthly annualized revenue within 12 months.Rip
Bullboard Posts