Why did we choose to make REMI the First Pick of 2011? That’s Easy – Undervalued, Excellent Upside, Company in a True Turn-Around for Shareholders
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StockBuru Blog: Remedent Inc. (OTCBB: REMI)
Remedent Inc. (OTCBB: REMI) Why did we choose to make REMI the First Pick of 2011 That`s Easy – Undervalued, Excellent Upside, Company in a True Turn-Around for Shareholders Dear Members:
FIRST PROFILE OF 2011, REMEDENT INC., do not let the press release from November 15th be missed. Key notes from that release:
News release reported 2Q 2010 Results for Period Ending 9/30/10
Net sales for three months ending 9/30/10 increased 74% to $3.1 million USD compared to $1.8 million for same period a year prior. Net sales for six months ending 9/30/10 up 67% to $6.5 million USD compared to $3.9 million for same period a year prior. Cited as key reasons: Asian GlamSmile facilities in Beijing and Hong Kong. Sales also increased as a result of the launch of new, higher margin, OTC products. Profit – YES, PROFIT – for three months ending 9/30/10 prior to outside shareholders` participation totaled about $359K . This compares to a loss of $1.2 million same period a year prior. Profit for six months ending 9/30/10 $513K compared to a $1.7 million loss for the same period a year prior. Cash and cash equivalents totaled $2.47 million at September 30, 2010 compared to $613 thousand as reported at March 31, 2010.
The Bottom Line … is … The Bottom Line. This Company is in an obvious turn-around. The recent charts reflect this. As the Company continues to report updated information, it is clear the REMI stock is set for a MAJOR BREAK-OUT BASED ON THE FUNDAMENTALS OF THE DEAL. What`s my target While I am not going to give you “my target” (I never do that, of course), I am going to share with you today and this week how I see Remedent valued.
Right now: It is seriously undervalued.
Enjoy the First Trading Day of 2011! I know REMI is a great winner to start the year off with!
John Pentony, Publisher, StockGuru.com StockGuru`s Profile for Remedent Inc. This is the condensed version – Full StockGuru Profile Found Here:
http://www.stockguru.com/about/remi/
Remedent Inc. (OTCBB: REMI)
Remedent Inc. (OTCBB: REMI) was founded in 2001 and serves consumers and the dental community with unique porcelain veneers, teeth whitening, sensitivity and oral hygiene products that are recognized worldwide for their technological superiority and unique ease-of-application. Headquartered in Belgium, Remedent Inc. manufactures, markets and distributes its products and concepts to more than 35 countries worldwide.
Remedent Brands GlamSmile Veneers
GlamSmile veneers are ultra thin claddings made form porcelain materials which are attached to the front of the patient`s teeth. GlamSmile is applied using a patent pending single motion placement tray which replaces the traditional one at a time trial and error method of applying porcelain veneers and lets practitionars expertly seat 10 ultra-thin, custom veneers at one time in less than an hour, making the application less traumatic for the patient, much easier for the dentist and perhaps most important, far less costly than traditional dental veneers. Because GlamSmile veneers are so thin, the dentist is not required to remove healthy tooth structure which results in important benefits including:
Local anesthesia is not required to prepare the teeth Reduced (if any) tooth sensitivity post-procedure and The process is reversible
This is the condensed version – Full StockGuru Profile Found Here:
http://www.stockguru.com/about/remi/ Company Websites and Brochure:
Glamsmile.com
Remedent.com Glamsmile Brochure
Contact:
Stephen Ross 310 922 5685 docktor99@aol.com
Remedent Inc Lexaria Corp MacroSolve Debt Resolve AtheroNova Industrial Nanotech Medizone International About StockGuru: The original service that has become StockGuru started in the late `90`s. At first if was our publisher sharing picks with his friends. Then it grew. Then it became a formal list in 2001. In 2002 it became a web site. In 2003 it became StockGuru. READ ALL ABOUT IT HERE . . Contact StockGuru: P: 469-358-5200 F: 214-975-1238 Publisher@StockGuru.com
This message was intended for “ You have received this message because you are subscribed to `Stock Guru` REMI Disclosure: Pentony Enterprises LLC entered into an investor relations consulting and market awareness contract on December 21, 2010. REMI has agreed to compensate us five thousand dollars for coverage. We have taken no free trading shares. To avoid all potential conflicts of interest, we never sell shares into the open market during an active market awareness or investor relations program. This means that as we release new information about a particular client company either on our site or otherwise authored by us, you can be confident we are not selling shares at the same time. We hold only restricted shares and will not register or sell these shares at anytime during the promotional period. Pentony Enterprises is not a registered investment adviser or a broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person, or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.
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