Replies to post #21501 on Artificial Intelligence Technology Solutions Inc (AITX)

[SkyFullOfStars]

LOL! That I would love and I admit is absolutely reasonable and not out of the question.. this is absolutely a $100 stock!

[Computerbux]

I agree with you, but we are trying to be very conservative :)

[heidibrown]

I am with you. And I see NASDAQ by 2018. And that is only FOUR months away!

[QTRADERQ]

Hes.the.man. Your numbers could easily be achieved ... and if/when OMVS is listed on the Nasdaq your numbers could actually be on the low side. (Any of you investors remember the Fiber Optic Bubble in 1999-00. Well, say "HELLO" to the AI Bubble in 2018-19.)

It is not uncommon to see higher than normal gross & net margins in Stage 1 of a corporation's product life cycle.

STAGE 1
Hyper growth stage - High margins

STAGE 2
Flattening growth in 3-5 years - Average margins

STAGE 3
Mature industry in 5+ years - Low margins

You need to double the profit margin to about 40 percent LOL (most larger automation/robot companies make around a 40-50% profit margin) and I would also say a PE multiple of 40-50 (or more) is very possible with a new company like RAD making deals with multi-billion dollar companies. In other words.....$20-30 per share is totally possible.