Idle Media Inc (IDLM)

[wadirum1]

What might IDLM be worth?

We won't really know until we see financials. Then again, many internet companies trade based on metrics like FB likes or app downloads -- things we can see already.

According to Google, the app has been downloaded 5,000,000 to 10,000,000 times (https://play.google.com/store/apps/details?id=com.datpiff.mobile&hl=en). At $40 per user, the lower figure would be $200M.

Okay, that's outlandish. But then Android is only part of the app market. There's also iTunes.

So, what if the number of downloads is more like 10M than 5M after we combine android and apple? And what if we value downloads at a rock-bottom $4 each instead of the industry number of $40 that people toss around? That's $40M. Divide by 60M shares, and that works out to over 60c per share.

OK. This is crazy talk I guess. Right now we are sitting at under a nickel. But then my math doesn't factor in Hiphopearly, the games, or Clip Cartel.

If IDLM is making $2M a year and still has no debt, then a P/E of 20 would also get us to $20M (i.e., 60c per share).

Surely this is worth a ton more than 5c.

A lot will depend on how Marcus Frasier handles this opportunity. The SEC gave him and IDLM a clean bill of health. The door is wide open for him to make something of his public company. The next move is his.

Wadi