Element Global Inc (ELGL)

[ThaiLove]

So a recap for those following along, Q1 Net was $935,365, net through the past 6 months was $3,072,609, which means net for Q2 was $2,137,244.

As we are just in the process of ramping up here, as conservative observations, one can conclude Q3 & 4 should net at least as much going forward, which would mean (as a minimum) the company would post net revenue for the year of $7,347,097

With Net revenues for 2013 was $1,943,783, so 2014 should represent a growth of 377%!!!

with the current PPS at 46c, that would give them a P/E of 16, considering the anticipated growth & number of catalysts, I would consider a P/E of 20 to be EXTREMELY conservative as an entry point & not commonly seen for such large growth companies, which would represent a share price of 57 cents under the current share structure

GLTA,

Thai

P.S. - Someone once asked how many people are employed by GBHD, I inquired about it & at the moment they have 12 direct employess and over 100 in contract employment arrangements