InvestorsHub Logo
Followers 792
Posts 26617
Boards Moderated 0
Alias Born 09/11/2013

Re: mkt_predictor post# 13838

Monday, 08/21/2017 4:58:34 PM

Monday, August 21, 2017 4:58:34 PM

Post# of 31087
OS = 17.34 million.

10Q out..

As of August 18, 2017, there were 17,342,734 shares of the registrant’s common stock issued and outstanding.

Nice to see the SS is still very low.




1. Current MC = 17.34 million X .39 cents = $6.76 million (based on today's PPS), less than six months' revenues of $8.46 million.

Normally I would think, MC could be 5 times the yearly revenues. So for the year let's say the revenues = $8.46 million X 2 = $16.92 million.

2. Then estimated MC = 5 X $16.92 million = $84.6 million.

Estimated PPS target = ($84.6 million/OS) = ($84.6 million/17.34 million) = $4.88.

And we are trading at measly .39 cents?

Weeeeeeeeeeeeeeeeeeeeeeee!!! Future looks sunny!!

Go $$TMPS$$

Disclosure: My posts are just my opinion, not intended for investment advice. I am often wrong, hence do your own DD.

Join the InvestorsHub Community

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.