AirTrona International Inc. (ARTR)

[multimillion]

Here's a re-post of my valuation analysis with the $125k dividend coming this month added in.

Since I got no response to my question about quantifying why this is 10x overvalued, here's a quantitative analysis:

Based on last annual earnings report at a current price of .0003:

$5784 earnings divided by 2.5 billion shares = 129.66 p/e ratio

$230,753 in revenue divided by 2.5 billion = 3.25 price/sales ratio


Based on last quarter reported #s prorated for the current year (assuming revenue and profit haven't gone up or down):

$45,294 earnings x4= $181,176/2.5billion = 4.13 forward p/e ratio

$84,729 revenue x4= $338,916/2.5billion = 2.21 price/sales ratio

Adding in the $125k dividend payment due March 31st:
$306,176 total earnings for the year= 2.45 current p/e ratio

$463,916 total revenue for the year= 1.62 price/sales ratio



Now that we have the numbers laid out, you all can argue over whether this is overvalued or undervalued. But I do have to add, how many pinks actually have a p/e value???