Thursday, June 11, 2009 7:52:33 AM
Please correct me if I am mistaken.
6824 items per 90 days = 27,296 per year.
At $77 per item we are talking about a yearly revenue of $2,101,792
If we make a very conservative assumption of a 15% profit we can translate this to an annual profit of $315,268.
There are 500,000,000 shares so we can compute EPS as $0.00063.
With a SP of 0.0034 we get a profit multiplier of 5.4.
As a starter, that’s a great investment.
Now the what ifs:
What if they can sell more than 6824 items per quarter?
What if there profit is better than 15%?
What if the economy gets better?
Hmmm….
Got shares anyone?
North Bay Resources Announces Assays up to 5 oz/ton Gold, 1.5 oz/ton Platinum, 0.5 oz/ton Palladium, and 0.5 oz/ton Rhodium at Mt. Vernon Gold Mine, Sierra County, California • NBRI • Oct 4, 2024 9:15 AM
Basanite, Inc. Appoints Ali Manav as Interim Chief Executive Officer • BASA • Oct 3, 2024 9:15 AM
Integrated Ventures Announces Launch of MedWell Facilities, LLC and Lease Agreement with Giant Fitness Clubs • INTV • Oct 3, 2024 8:45 AM
Beyond the Horizon: Innovative Drug Combinations Offer New Hope for Alzheimer's and More • NVS • Oct 3, 2024 8:45 AM
SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service To Enhance Natural Rubber Industry's Ability to Report on Sustainable and Ethical Supply Chains • SMX • Oct 3, 2024 7:00 AM
Transforming Alzheimer's Treatment: Innovative Combinations to Boost Cognition • PFE • Oct 2, 2024 9:00 AM