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Re: jockinmikeg post# 86

Thursday, 12/29/2016 10:41:32 AM

Thursday, December 29, 2016 10:41:32 AM

Post# of 210
Hi Jock, Yes talked with Romandetti about that, and they can also do it without selling stock, financing the additional sites with Melbourne cash flow.

FCHS is the best growth story know of, encourage anyone that knows of a better one to post about it. They already have $100 rev a year per person in 1st location and say they can easily got to $300 per person in Melbourne.

Lets say they get less than 30% market penetration in USA, that would be 100,000,000 people X $300 = $30,000,000,000 $30 billion a year revenue at 15-20% EBITDA = @15% $4.5 billion EBITDA earnings per year.

Can not think of any sub $100 million market cap company that has a shot at $30 Billion in sales per year, except for First Choice.

The company at a 10 EV/EBITDA then could be a $45 Billion Market Cap stock. Even at 10% of that lets say they dilute stock 100% that would be $4.5 Billion/2 or $2.25 Billion at current share count (25 million) = $90 a share, or if they go to max possible growth = $900 a share. Amazing upside.

Cheers