My comments are taken from reading what EXOU has presented in their PR's. The last comment regarding their news is simply from experience in the 'investor game' for over 25 years. You, and in fact anyone can go back and review all of the EXOU PR's and see that they have presented a reasonable game plan, a part of which includes a forecast of about $15M for what is probably their first year of operation. (Realistically, I'm not sure when you can start that year from a months perspective. Do you have any ideas regarding that?) If they are able to produce those kind of revenues, even if it's taking the twelfth month and annualizing that number to reach a rate of $15M, then that's OK by me. What that does is give you something to hang your hat on when valuing the company. I have researched their industry on the Yahoo Finance website, and there is a multiple of 30+ times earnings, which is sometimes misconstrued as EBITDA. But OK, using EBITDA, if they hit even a 15% EBITDA, and their stock outstanding doesn't increase to an overwhelming number, they present an opportunity for the pps to be somewhere north of $1.50. I've posted this before. But again, it's simply just taking the info presented and utilizing what market information is out there to present what I see as the picture for EXOU. And yes, I am a shareholder. I would guarantee you I would not be posting on the EXOU Discussion Forum if I didn't have some shares.
