Next week, NORE is apparently going to announce major Internet news! I am hearing that they are going to be entering the Internet gaming business.
No one knows about this company set. As the word gets out, expect NORE to make a major run. Read the news from yesterday...they signed a Keno contract with a company who has customers ranging from Mirage and Hilton to Circus Circus and Foxwoods.
If we conservatively estimate that NORE makes 20 installs for their bingo systems and each system makes an average of $500,000 revenues annually, total annual revenues would be $10,000,000. With a fair price/sales of ratio of 5, NORE would be a $50,000,000 company. With only 16,000,000 shares outstanding, NORE would be a $3 stock.
Now that NORE is getting involved in even bigger things such as Keno and the Internet, I feel that this will soon be a $5+ stock. The current price is under 0.30 which I consider to be the biggest bargain around. I am accumulating all the shares I can at these levels.
Make sure that you take the time to research NORE and to do everything possible to learn about the company. The potential here is HUGE.