Wednesday, April 11, 2012

Is Sunpeaks Ventures, SNPK.OB, $625 million Valuation justified?

Sunpeak, SNPK, a tiny little 'vitamin' maker/distributor sporting a whopping $625 million dollars in market cap. All we have seen so far is a constant stream of press releases, announcing LOI from Russia and availability of vitamins at well known stores nationwide.

The company has not provided any sales figures yet! It would be very interesting to see the numbers match the hype.

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