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$40M revenue for FY22 on around 3.3M shares post-RS. Do the math. At the close on Friday the NASDAQ PSR stood at 5.193. But even using a more conservative value of, say 3.5, the PPS for a company with $40M in revenue and an OS of 3.3M shares could crediblely be around $42 ($12/share revenue x 3.5 PSR). That would equate to a pre-RS value of .21. I'll wait not only for the 10-K on 3/31, but for what happens with the uplist to the NASDAQ before I make any hasty decisions on this.
A $40M PO, hello! With just a 156M OS, there's your .50 - 1.00. Will be interesting to see if in the coming days there's any movement in price in the Expert Market anticipating trading again here soon. OK to be releasing news even though we're not currently trading. People are paying attention and no doubt saw this news. When we start trading again, the PPS will take care of itself.
Oh yeah, me too. 06.-.08 should be just the appetizer. We won't start trading again until after the 2020 and 2021 10-Ks are reposted/posted, as well as the 3Q 10-Q for 2021. The 1Q 10-Q for 2022 is then due May 14. So if the numbers are good and more news that maybe includes additional updates involving contract(s) is forthcoming, we'll fly by .08.
Just going by the numbers for 2021 in that new card deck presentation (which, I know, are prefaced with the suitable caveats) we should be seeing numbers for Q3 and Q4 for 2021 somewhere in the neighborhood of $1.321M in revenue and $.121M in EBITDA. 2021 is done, so Billy must have had some idea of what is going to get reported for Q3 and Q4 when he put together this card deck, even if the numbers are still under review. When we last left off, Q1 and Q2 for 2021 were at $2.579M in revenue and -$.541M in EBITDA.
Based on our OS of 155,942,103 that equates to an annual revenue/share value of .025. Any decent PSR multiplier (just for example, today's current S&P 500 PSR as of 9:40 EDT was 2.97) should have our PPS trading around .06 - .08.
We'll see what happens once we start trading again.
More volume, nice uptick in SP so far this morning.
In fact I wouldn't be surprised to see our SP bump up nicely based on our mention in that article. We'll see what happens.
Nothing's in trouble. They're seeking an injunction, not filing a lawsuit (which would probably just get thrown out). These crop up all the time wherever cell towers, power lines, etc. are getting put up. Invariably they go nowhere. On the other hand, finally good to see us mentioned in the same sentence with the big boys installing 5G infrastructure. Confirms we're in the game.
Not a good look for either management or the new accounting firm if the 3Q 10-Q isn't out by the open tomorrow morning. It was due today, with the extension OTC Markets gave us. But failing to file on time could put our QB standing in jeopardy. They need to get on the ball here.
I just bought another 100K @ .027 about 5 minutes ago, and it's already back over .03.
That's right. OTC Markets granted them a 45 day extension, if they need that long, until December 30 to file the 10Q without jeopardizing their QB status.
The signing ceremony was scheduled for 3pm Eastern. In attendance at the ceremony will be David Holt, mayor of Oklahoma City. Oklahoma is slated to receive about $5B from the bill. Hopefully some that money will eventually find its way to Renavotio.
Minimum SP for initial listing on the NYSE is $4. For NASDAQ it's $3. (Unless someone here has better info, or knows a way they can get around that.) Otherwise looks like Billy has something up his sleeve that he thinks is going to get us to at least $3. (Soon, maybe?)
All Billy needed to do was replicate that $4M PPE contract each quarter and $16M annualized revenue from PPE alone would have probably gotten us easily to .50 with the current share structure. But 1Q, nada. 2Q, nada. We're now into the 3Q of the year and he hasn't gotten us squat. As far as I'm concerned PPE has been a disaster. Starting last July the opportunities were there for the taking and all he's gotten us in over a year is one, count 'em one, measly $4M contract. We should have had 10x that amount by now. I wouldn't hold by breath at this point. PPE has been all talk and no action. Makes me wonder how he's going to handle infrastructure. Which, by the way, we don't need an infrastructure bill to be getting infrastructure projects. Municipalities have money to award contracts for construction projects. Just look around. In my area, there are tons of projects underway right now. Local governments have money in their budgets for needed construction projects. The infrastructure bill will just be an added shot in the arm.
We need some news, and by news I mean something with some meat to it. Not another 8-K announcing yet another Securities Purchase Agreement. At this point I'd be happy with another PPE contract with this delta variant raging right now around the world. At least that would bring in some revenue.
But if the next "news" we get is just another 8-K giving away shares, we're not going to hold .04 (or maybe .03s for that matter). Billy needs to get on the ball here. I'm sure by now everyone here was expecting a SP approaching .50. Last August, I was one of those posting that by this August we might hit $1. That's almost funny now, the way things have gone.
I said a couple weeks ago the magic number would be $1.2T. Looks like they're closing in on it. Still have some convincing to do, but it should be only a matter of time at this point. Both sides at this point need to get to where they'll take "yes" for an answer.
https://www.cnn.com/2021/06/10/politics/infrastructure-deal-announced-10-senators/index.html
I wouldn't give up on the infrastructure bill just yet. Democrats right now are at about $2 trillion, Republicans at about $900 billion. I predict the magic number will be around $1.2 trillion - comprised mainly of the traditional kinds of infrastructure projects, but also including electrical grid projects, money for water/sewer infrastructure projects and 5G/broadband infrastructure projects - our bailiwick. The non-traditional stuff that Democrats were trying to stuff in the bill will probably pretty much all go by the wayside - which they'll try and use as campaign fodder in the 2022 midterms.
But red states need infrastructure just as much, if not more, than blue states. Look who's heading up the negotiating for the Republicans - Shelley Moore Capito from W. Virginia. Think W. Virginia doesn't need money for much needed infrastructure? And she's of the more traditional mold of Republican, not one of the off the wall lunatic fringe nut jobs. Think Mitch McConnell doesn't want some of that money for Kentucky? It'll get done, but probably closer to $1.2 trillion.
10-Q posted this morning. Reported revenue for the 1Q is only $370K. Needless to say, not what I was expecting.
If they can replicate that $4M in revenue for PPE every month instead of just for a quarter our PPS should be in the $1.25-$1.50 range. Then, it's only up from there.
The 10-K is due 3/31.
10-K isn't due until 3/28/2021 - 90 days from the end of the fiscal year 12/31/2020.
Yeah, they're having a nice morning over there - up so far over 100% on +6M volume.
We need some of that Game Stop crowd to come over here and attack the MMs like they did with GME!
Yep. It's all good right now. All this messing around with the stock price you see going on the last couple of months are MMs taking advantage of the fact that we won't see any of these 4Q sales numbers until the 10K comes out next March 31. They're taking advantage of the situation right now just because they can. In the meantime hopefully we'll start seeing more PRs/8Ks that jump start this thing heading into the year end and then going full bore during the 1Q next year. By the time the 10K comes out Mar. 31 and we head into the 2Q next year we should have a head of steam going with the PPS.
That last PR/8K about the 10M N95 masks transaction didn't indicate any price info, but let's just say we're getting .67 cents per mask wholesale for them. That's $6.7M in revenue or .06 revenue per share, based on the last reported OS of 108M shares. A .06 revenue per share, using a Price Sales Ratio of 3, equates to a PPS of .18. Now, that's just one transaction. Do 10M masks every month and that's .18 X 12 = $2.16 PPS. Double that to 20M masks per month and we'll be on the NYSE.
PPE alone should get us a healthy enough PPS to uplist to the NYSE, I'm figuring maybe by 3Q next year. Add in to that revenue from UMC and 5G infrastructure projects and we should have no problem reaching $5 by maybe the end of 2021 or 1Q 2022. I'm just biding my time right now. My time horizon for what I've invested here is 3 years, so I'm just cooling my heels right now letting things unfold.
Agree, NYSE requires $4 per share for the initial listing. My prediction was for $3.75 by the end of next August. So, $4 by the end of October 2021 looks really doable to me.
Yeah, especially if they can get this to 10M masks per month, not just for November. There's a global market out there right now to easily sell 10M masks a month to. At $1 per mask that would be $10M per month / $120M annually in revenue, just from masks. Add to that, gloves, gowns, face shields, etc. and PPE revenue alone should push this to $2 per share, even with a doubling of the OS to 200M shares. ($120M w/ 200M shares = $.60 revenue per share; with a Price/Sales ratio of 3 = $1.80 - again just from masks alone if we can get this 10M masks every month, not just 10M masks next month).
Once you’ve gotten listed on the NYSE the requirement is to maintain minimum $1 share price. But to get listed in the first place, the requirement is a $4 share price. $4 with our share structure and revenue prospects from PPE should be pretty doable within that 6 month timeframe. Just need to get that PPESG deal closed.
Per page 2 of the LOI, the closing price was calculated at .07 or the price the day of closing, whichever is higher. But I dug up the LOI again to take a look at the language regarding the exclusivity period. I thought I remembered that today marked the last day of the exclusivity period and it looks like on page 3 that’s the case. I would think we should be hearing something here pretty soon.
https://www.otcmarkets.com/filing/html?id=14317271&guid=GwC6UpdTpEWcg3h#SEGN_EX101_HTM
Consider just the PPE for now. How soon until we reach 50% production capacity output - 42M masks/month? Probably not that long, in my opinion. But lets's just say conservatively 12-18 months. At .75 per mask wholesale, that's $378M annual revenue, just from masks. At a 25% profit margin that's annual earnings of $94.5M. Let the OS increase to 150M shares, again just to be conservative. Now apply what I would say are pretty reasonable P/E and PSR ratios of 12 and 3, respectively to the equations.
The PPS, again considering just the N95 masks alone, at 50% production capacity and a 150M OS works out to be $7.50. And remember, that's not factoring in any of the expected revenue from UMC and the 5G infrastructure projects. My investing time horizon with RIII before I would need to sell any of my holdings is probably around 2 years. My eye will be on that $7.50 at some point within that timeframe. But I'll still be hanging onto a bunch beyond that point to ensure my future. GLTA, the fun starts Monday.
Anyone know what the typical timeframe is for FINRA to process a name and symbol change application. Our name change has already been processed by the Nevada SOS. The 8-K announcing we had submitted our application to FINRA came out on 7/29, which now has been 7 weeks ago. Seems like it shouldn't take that long, but I'm not familiar with how long these things usually take.
Easily. Just do the projections on what PPESG alone will generate in revenue if their production target by the end of this year remains at 84M masks/month. Conservatively, wholesale for these N95 masks should be .75/mask. By then our OS shouldn't be more than around 135M shares. When production and sales hit 20M masks/month (about 25% of production capacity), revenue will be $15M/month. Billy, in that August presentation in addition to saying they're targeting the NYSE also I believe stated they're targeting around 25% for a profit margin. So, 25% on $15M is $3.75M. No matter how you slice it, using either a P/E ratio of 12 or a Price/Sales Ratio of 3, that's a PPS of $4/share with an OS of 135M shares.
Bottom line, we'll be at $4 easy by this time next year. The temptation is going to be in how many of us want to hang around for 3 years to see what happens when the 5G infrastructure projects and the water projects get added to that PPESG revenue. $4 is definitely nice, but I'm thinking $15 in 3 years. Be sure to hang onto to some of your shares for where we could be down the road.
Masks are for live people that don't want to get sick. Now that people are getting more accustomed to wearing them, masks will be a lot more common during the cold and flu season, and on into the future if covid becomes seasonal. And when will the next pandemic strike? Who knows, but local, state, and the federal government will be stockpiling. Not to mention schools, universities, and businesses. They'll never want to run the risk again of being shut down due to people not having PPE. Plus we're going to be selling masks oversees, where wearing a mask has become second nature in a lot of places. Not worried, there is going to be an ongoing market for masks worldwide from now on.
Yeah, no I hear you. And I'm just taking a wag, with nothing better to do. Hopefully real soon here we get the announcement on the close of the deal and the PPS just magically takes off!
Right. Just looking back through the closing prices over the last 14 trading days, including today, since the LOI was announced on 8/6 the mean closing price has been .139, which is what it closed at on 8/6. I think they targeted right around that number when they agreed on the $2M purchase price. Hope you're right and the deal has maybe in fact already closed. Can't see how anyone will be unhappy with how it finally ends up working out. Like I said a win/win all the way around, including for us!
If when the PPE deal closes our share price is .11, that $2M purchase price will equate to 18.18M shares. If, just as an example, we go to $5 per share, that $2M in shares will become $90.9M. Think PPE doesn't have an interest in seeing the share price stagnate at around these levels until the deal closes? And for us, to only have to issue 18M shares to acquire a company producing 84M N95 masks per month by the end of the year? It's a win/win all the way around as far as I'm concerned. Look for the share price to take off as soon as the close of the deal is announced.
And remember they don't just manufacture masks - they also manufacture gloves, gowns, and protective suits. But the N95 masks alone, when they ramp up to +80M masks/month will bring in, (conservatively @ .50 per mask wholesale) about $500M annualized revenue. That alone for a company with an OS of only 100M shares equates to $5 per share and a conservative PPS of $12 per share. PPE is only one leg of the three legs that RI is building. Give this a couple of years - you won't be disappointed.
Put in GTC orders in for my boatload of shares @ $14 to lock them down. Be back in 3 years to see how I did. In the meantime, don't beat yourselves up over these day-to-day ups and downs. Eventually getting off the OTC and onto the NYSE will clear up a lot of this MM nonsense we're seeing. My advice - just relax, have patience, and this one will eventually work out for all of us. We're in very good hands. GLTA!!
And the thing is, when they're rolling out these infrastructure projects, don't just think U.S - think global. UMC delivering water infrastructure to rural areas. That's a global problem. Elon Musk's Starlink satellite network needing 5G infrastructure on the ground. That'll be a global requirement. I'd like to maybe see them further branch out their infrastructure projects into the green energy area - solar and wind. And those are huge global needs in rural areas right now. Add the PPE on top of all that. I think you're right, $500M could just be the tip of the iceberg.