patented technology to grow and expand adult Stem Cells

Adult stem cell development company commencing clinical trials applicable to estimated $30 billion degenerative disease market place

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Message: by Dragonfly/P/E of 10 .....that would produce a PPS of about $1 EVEN with 1.2 B

by Dragonfly/P/E of 10 .....that would produce a PPS of about $1 EVEN with 1.2 B

posted on May 31, 2007 08:35AM
Posted by: dragonflydogi1
In reply to: None
Date:5/29/2007 5:53:04 PM
Post #of 1940

Hello all!!
Just joining for the first time.
Have been a shareholder from $.08.

I've been concerned about the HUGE number of outstanding shares as well. I think that this is going to be a stock that you buy and stash away for 3-5 YEARS.

The pps should GRADUALLY rise as the company makes progress in developing their products and stem cell lines.

If they can find a market for their DEVICE <Bio-reactor> that accelerates stem cell line development, the company MAY actually start generating some REVENUES even while their R&D progresses.

Let's say that PLRS can earn $120 Million in Bioreactors sales by the end of 2008.

That would be about $.10 per share <$120 Million earned divided by 1.2 BILLION shares issued.

Allowing for a CONSERVATIVE P/E of 10 .....that would produce a PPS of about $1 EVEN with 1.2 BILLION shares issued.

Or about TEN TIMES the current pps of $.10.

If PLRS can find a way to capture a decent share of the $1 BILLION stem cell development market, the pps will soar, even with the huge number of isssued shares.

Good luck to all!!

Tonbo The Dragonfly

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