pure logic - this stock has flown under the radar since they delisted - obviously the company cares more about operations than they do public opinion and share price and that has hurt them to date. This was 0.6 to 0.7 when they delisted and we are in a time with much more facebook hype and demand for public trading companies related. The main players so far has been STVI, QPSA, recently PLPE just came on. For penny stocks without real earnings, you often judge by revenue/cap, well, STVI cap is over 15x revenue, PLPE is about 9x cap, QPSA (the leader of the pack) is 30x revenue. How about LVWD?? Only 1x revenue. That is a fine way of telling you that its way undervalued to its peers. While STVI and QPSA are showing good growth, PLPE is steady at best and 9x is a fine indicator - well take current price x 9 and you can see where this is fairly valued $2.
Will it get there? If IR wakes up and starts talking, yes....these guys haven't diluted for almost 2 years. I guess there are some impatient (rightly so) long timers here, but the traders are scouring for facebook related plays and this one fits the profile in a big way...a little buzz and a little help from the company would go a long way.
With 33 mil. O/S this could go on for some time ! This is getting fun. Been a long time coming, I don't even care what the reason is. I just hope it keeps going , I've never seen this stock green in my port, it would be a nice change.
consider they are looking at approx 7.5 million revenue this year - trading roughly 1.08x revenue, near +tive earnings, and barely at book value, cash flow positive - STVI is trading at 12x revenue (up on large promo), PLPE is trading 9x revenue, QPSA trading about 28x revenue. Impressive client list, just little exposure - facebook hype is big and this was 0.6-0.7 last time they were current status without the fbook hype. $1-2 is not unreasonable at all IMH