Monday, January 02, 2017 11:04:19 AM
7 million in profits x an S&P P/E average of 25.81 and then divide it by the number of shares outstanding 13.927B, you get a stock price of .0129.
However, if the company decides to lock up everything other than the float (1.527B shares) for the long term or convert them to preferred, that number changes dramatically to .1183.
Either way, the fact that this is trading at .0008-.0009 should give everyone confidence that they're investing in a company with a ton of potential in the growth of the PPS. GLTA
"One 5Bagger to 10Bagger per Quarter."
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