Solidus Communications Inc (SLDC)

[amadeus]

Revenues $7 million

- let's assume indeed is correct on that revenue estimate for a moment.

and that is what is rolling into this (still not sure if we're just the smartwatch company or the rest of it too)

with approximately 7m in revenue, and 15m shares o/s,
would not a 1x revenue put the market cap here at 7m and approx .50 per share? whereas 10x revenue would be near 5.00.

so the question is, hypothetically,
if the revenue really is 7m what multiple exists in this sector for market cap estimates.

now given the huge growth in the health/fitness smartwatch sector
that part of the company could succeed far beyond the rest of it seems like. if fitbit has 50% of the fitness/smartwatch market of 11 million watches last year, 5.5m x even 100/watch is 550 million in revenue. so
its a giant growth market to go for market share in.

even if they only did 2% of what fitbit does, it would be 11m in revenue, based on some conservative numbers