Friday, November 24, 2006 8:55:41 PM
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As @ http://finance.yahoo.com/q/bc?s=APPI.OB&t=5d&l=on&z=m&q=l&c=
APPI has a Market Cap of 3.19M @ Stock Price of 0.004 (11-14-06)
I compared it to USSE.PK (formaly laforza)
that is also in the biodiesel or rather alternative fuels industry
As it says @ http://www.investorshub.com/boards/board.asp?board_id=332
USSE has 146M Effective O/S
146M x 0.360 = 52,560,000$ (closing price 11-14-06)
I think half of the actual USSE price is fair valued because they
got their own revolutionary fuel.
But here are both calculations:
52,560,000/2 = 26,280,000$
26,280,000/3,190,000 (Market Cap APPI) = 8,2 (factor)
52,560,000/3,190,000 (Market Cap APPI) = 16,4 (factor)
Our closing Price on 11-14-06 was 0,004.
0.004 x 8.2 = 0,0328
0.004 x 16.4 = 0,0656
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So if the actual APPI Market Cap is right we could have
an 8-Bagger or maybe a 16-Bagger as fair value
after announcing of the symbol change.
What do you think about it?
So long...Netrix
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