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Re: jufel post# 4874

Monday, 04/24/2017 3:59:12 PM

Monday, April 24, 2017 3:59:12 PM

Post# of 8827
Sorry. I took the following data from the latest 10Q.
Accumulated deficit: $16.5M
Stockholders deficit: $13.8M
Last Quarterly Loss: $568K
Fair Value of the company: $162K-$890K
# of shares outstanding: 648.9M
Value of stock: 0.0013
Keep in mind that does not factor in the deficit. When the deficit is considered .0001 is a generous PPS.
This company will need to generate a net profit of $4.125M a quarter to get out of the hole in one year.
That is only possible with a vast expansion of the current business size and capabilities. Add in toxic financing that drives up the cost of borrowing funds and the amount of revenue needed to make a $4.125M net profit in a quarter goes way up.
Sorry, best case scenario is the company may see a net profit in about a year with some really skilled people guiding the company. That would be at 0 not $4.125M which may be possible in 5 - 10 years.