"Core Business – 4.9X FY2014E sales of $40.3 million, discounted to present value at 25% - $1.41/share in value"
In line with what I've said but he uses an ultra conservative multiple and discount rate. MM is still at 9X's and is the best and most appropriate comp. I still firmly believe the core mobile business is worth at minimum $2. Like I posted before, at least one major marketing company is already known to have verbally expressed interest at $120 million for just HC and that was prior to last Q numbers being filed.
"Yeah guys, you better go out and buy now before its too late. This is the buy of the century!! I have never before seen such a compelling opportunity to buy at such a distressed price. If people only really knew all that is going on you would be buyers." These are the lines that are coming and going to be repeated again and again. Open your eyes guys and don't get pumped.
i have had a few emails asking what whities are. they are white castle hambugers , a box of nails is what we call their fries. .sorry did not realize white castle is not known to all. but on a good note those whities are a buc apiece..............................