Bots Inc (BTZI)

[lesgetrich]

As pointed out in today's PR...

According to CoinATMradar.com, as of November 2020, there were over 9400 Bitcoin ATMs installed in the USA. Average Bitcoin ATM kiosk processes 130-180 transactions monthly. This translates into $14- 18 Million as potential income for the Company per year.

This validates my BTZI post # 106827 & 106934...

BTZI Post # 106827

The PR states that there are roughly 9,000 ATM's currently in the US. Let's say that the purchase price averages around $10,000 per unit and that each ATM nets about $2,000 per month in fees. Using a very conservative 5% royalty (royalties can run as high as 25%), we can estimate a one time royalty on the sale of currently installed units as...

9,000 x $10,000 x 5% = $4,500,000 one time on current units

$500/unit on future sales

Moreover, since the patent applies to the use of these machines, we can anticipate continuing royalty payments per month of...

9,000 x $2,000 x 5% x 12 = $10,800,000/yr ongoing

$1,200/yr/unit on each future unit sale

This is virtually free revenue folks!

BTZI Post # 106934

BTZI should realize about $15,000,000 in revenue the first year the patent is enforced with an additional $10,000,000 in subsequent annual revenue. Except for legal fees, these revenues would come at virtually no cost to Bots, and will grow each year as new ATM's are installed. There's also the potential that, at some point, all existing US ATM's will need to incorporate cryptocurrency transactions. This would make them all subject to the patent. However we won't get ahead of ourselves for now.

Let's just conservatively assume that BTZI could bring in $10,000,000/yr in earnings for now. I like to estimate what I refer to as a rational pps range using the following technique...

Using the NYU Stern School analysis of Price/Earnings (P/E) Ratios by Industry, I theorize that BTZI could be categorized under either Financial Services, which has a forward P/E of 16.93x or Software (System & Application) with a forward PE of 76.82x. BTZI currently (as of yesterday) has an OS count of 771,874,596 shares. Using these assumptions, we can estimate a rational price range as follows...

$10,000,000 earnings / 771,874,596 shares OS = $.013 Earnings Per Share (EPS)

$.013 EPS x 16.93 = $.22/share pps to

$.013 EPS x 76.82 = $1.00/share pps

Consequently, based on these assumptions, a price target in the range of $.22 to $1.00 is rational for BTZI. This doesn't mean that the company will hit either of these targets, only that they are possible if all the assumptions are met. Keep these estimates in mind and see if they're borne out by further facts about the company (e.g. future financials) as they come in.