Nanocap ReverseCorp REF:ASX Mkt Cap $12mil, $6mil in cash, no debt, estimated ex-cash P/E of 3.4 with 20% growth FY15

Nanocap ReverseCorp REF:ASX Mkt Cap $12mil, $6mil in cash, no debt, estimated ex-cash P/E of 3.4 with 20% growth FY15. They don't pay a dividend but they have $5mil of franking credits if they wish to restart paying dividends. However managements stated strategy currently is to focus on growth opportunities both organically and through acquisition. Two main businesses 1. 1800Reverse a telecommunications company focused on providing calls of last resort, allowing our customers to stay connected from out-of-credit prepaid mobiles on all major Australian mobile provider networks and pay phones. 68% of Rev's and the bulk of EBITDA 2. OzContacts.com.au an online retail contact lens store. They own 65% and it contributes 22% of Rev's and approaching EBITDA break-even. It should soon start contributing to the group. This is dependent on growth and on investments to scale growth in the business, so maybe longer than expected. 3. Tri-Tel a loss making discontinued operation disposed off this year. With circa 50% of its mkt cap in cash, no debt and low P/E and growth options its interesting