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Re: BrennyPenny post# 131503

Wednesday, 04/30/2014 5:36:07 PM

Wednesday, April 30, 2014 5:36:07 PM

Post# of 143047
Lets say they are $50M company, that would put them @ .25 at the very least! This is big time.

Most growth companies will trade 5 to 10x revenues. If it is a $50M company, this will trade at .50 cents or higher. If it is profitable, it will trade 10X revenue or more. Doesn't that add up to a buck? Anyway, if this is destined for Nasdaq or American Exchange, they will try and get it to at least $5 a share. Nasdaq small cap has a $1.00 low share price restriction. I think all is great here. We got a gift today. Imagine, MONA at a buck, LOL...