SoOum Corp. (fka SOUM)

[Welcome2Pinkyland]

based only on guessing - i'm coming up with a market valuation of $12m

if net profits are 10% that would be $1.22m in net yearly profits

EPS would be .0013

x's the EPS by a Conservative factor of 10 = a pps value based on EPS of .013

.013pps x O/S of 972,600,000 = a market cap valuation of $12m

i must say the above PPS valuation based on the estimated EPS really doesn't mean much. i have no way of knowing if western grade is even profitable. they may make $12.2 mil a year on expenditures of $13m LOL - a money losing operation. usually when net profits are not included in 8k's and such - it's for a good reason.

This organization has been operating for approximately 15 years. Western Grade is estimated to generate $12.2 million in annual revenues, and employs approximately 50 people at this single location.