RE:RE:Putting Money Where My Mouth Ishoffbag,
the way that i understand how people typically value an equity is by going by the 5-10 times the revenue to o/s in which case i am looking at the 19 million on hand to our roughly 50 million outstandings at five times this amount that would be .40 times 5 or $2.00 and at 10 times that would be $4.00 even to this point. but honestly, pricing an equity is actually very subjective and mostly determined by what the market is willing to pay and at what price people are willing to sell to it. I wouldn't be selling under $2.00 at this point and as you have stated we are moving in the right general direction--i suspect we will have more money on hand in our next financials and that we will be strengthening our position it is hard for it to be otherwise given this contract with sling and our jv with intel in which i expect that figures should start to roll in. it really isn't wise to let go of your shares right now unless you have a better investment elsewhere. nevertheless, for those who see the opportunity right now they will pick up the shares at a very good price.
glta