Cor Equity Holdings, INC. http://finance.yahoo.com/q?s=ceqh.pk (OTC PK: symbol CEQH) is an emerging growth oriented holding company formed to merge and acquire sound businesses at substantial discounts to their peers, and at substantial discounts to their breakup values. Through intense due diligence, we have uncovered this practically entirely undiscovered gem which is about to announce a substantial acquisition.Price-------.105
Shares Outstanding: 70 million
Active float: 11 million
Market Capitalization: $7 million
Almost every share that is not included in the active float is locked up for about 2 years due to its recent issuance for a yet undisclosed acquisition.
The company has already closed on the purchase of Medical Home Products, a company in the medical test kit business, which is growing worldwide at such a fast pace it is practically impossible to put a reasonable estimate on it, but we’ll try -- AIDS and Hepatitis home test kits alone will bring in about 600 million in 2004, worldwide.
10 day target-------$.95
6 month target-------$2.05
Small cap analysts assume that just the new acquisition alone will bring 7-10 million in revenues to the table immediately -- if you look at the undiluted fundamentals, which we would right now since about 60 million shares can’t be traded for 2 years, then this company is trading at way less than 1 times sales, and is growing, conservatively speaking, at about 500% annually for the next 2-4 years.
We found this information completely in the public domain - BUT — the company will be making the official announcement in several days. Supply and demand dictate stock price, and there just isn’t much stock out there and we feel that because of the strength of this catalyst (the acquisition of Medical Home Products) and the small amount of tradable shares, and learning these facts before most people have the opportunity to learn them, spell out one result: significant short term trading profits.
The frenzy that we saw several years ago in microcap stocks that came just before the 5 year mid and big cap rally is starting again, and we will not miss this one. This company is beginning to build a name for itself, we’re getting in the name now before everybody knows it.