Bioelectronics Corp (BIEL)

[JustGoDeep]

$$ Math on First 16,000 Store Shelves $$


16,000 stores times 2 products = 32,000

32,000 X 6 items each per store = 192,000 units to stock the stores

192,000 X Profit of $10 each = $1,920,000

$1,920,000 X 3 turns per quarter = $5,760,000 Profit per quarter

$5,760,000 X $ = $23,040,000 Profit per year.

Now divide the profit by the shares outstanding and assign a PE of 30 or more like 60 but probably over 100

due to the extreme growth and you get $____________ for share price. Leaving this for you to figure, I did.

WOW!!


MONSTER, and that is still just openers.

Oh, and add about 16% online sales or another nearly $3.9 Million in profit.

Got BIEL??