Scores Holdings (SCRH)

[otcbargains]

These were my projections based on current licensees prior to the addition of the magazine. I think it should trade at at least a p/e of 15 with the growth they are having and I suspect we will see a lot more licenses.

Over 1.2 mil in revs and net profit of 700K for 2015.
1.8 mil in revs and net profit of over 1.2 mil in 2016.

Existing licensees

1, NY 22,003
2. Chicago 43,867
3. Balt 35,645
4. N.O. 30,000
5. Tampa 30,000
6. Atlantic City 30,000
7. Scoreslive.com 2,264
8. Houston 30,000
9. Harvey 15,000
10. Indiana 15,000
11 Savannah 15,000
12 Jacksonville 15,000
13 Providence 30,000
14. New Haven 15,000
15. Columbus 15,000
16. Greenville SC 15,000
17 Mooresville 30,000

4 about to open. I will assume the smaller 5K per month royalty figure.

18. SCORES PRESENTS CHARLOTTE 1 15,000

19. SCORES PRESENTS CHARLOTTE 2 15,000

20. SCORES PRESENTS HICKORY 15,000

21. SCORES TOLEDO 15,000

That means quarterly revs of $448,779 for 2016 based on 21 licensees and we both know they will be adding more.

Insanely undervalued and rare growth story right now.