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Re: patentminer2013 post# 4159

Monday, 10/30/2017 4:54:02 PM

Monday, October 30, 2017 4:54:02 PM

Post# of 4287
Exactly, nobody will value a company that loses money every quarter at 3x revenue. Company valuation is typically done on a multiple of EBITDA, not revenue.
This Company does not make money, has declining revenue, and is in default of their bank loan. The only way they can make more money is to buy more portfolios, which requires money, which the bank won't lend to them.

There is no way this stock will get to $0.34, it wont even get to $0.05. It's overvalued at $0.01