UMS stated 20 stores in ch.11 documents with sales of more than a million per month. Adding iTalk's 20 new stores posted on Facebook equals approximately $40,000,000 in annual revenues.
Net Sales per share is Total sales divided by number of shares
Divide $40,000,000(revs) / 1.875bil(shares) = .021(net sales per share)
P/S Ratio is Share Price divided by Net Sales per Share
as of 3/17/2017 $0.0004/$0.021=0.019
P/S = Investors pay $0.019 for every $1.00 in sales = 0.019:1
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.