Thursday, July 03, 2014 11:38:30 AM
Basically this company must sell no less than ten times current annual sales PER MONTH in order to justify a PPS of $.02 at a 15X multiplier. Just the facts. As for the pie in the sky forecasts it might be fun to think it could happen but it can't and won't. Another way to look at it is that for every million in earnings, earnings mind you, it's only one fifth of a cent in book. The more and more I look at the financial logistics I find it harder and harder to see any business plan that makes this work without use of wildly unrealistic sales goals.
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