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Re: Smilin_B post# 10147

Saturday, 10/04/2014 1:51:57 PM

Saturday, October 04, 2014 1:51:57 PM

Post# of 14303
I'd argue the non-emotional post-RS (but fully diluted) share target based on projecting revenues in the near-term is $0.58

This assumes based on filings:
1. 31,057,233.20 shares (fully diluted)

It further assumes based on a SeeThruEquity Research Report:
2. $600,000 projected sales in Q4

It further assumes a 10x Price to Sales Ratio (PSR; it's the metric I use for OTC companies emerging from R&D into commercialization)


$/year OS $/Share Price Proj PS Q Revs Needed
$1,000,000.00 31,057,233 0.032198618 0.321986184 10 $333,333.33
$1,800,000.00 31,057,233 0.057957513 0.579575131 10 $600,000.00
$2,000,000.00 31,057,233 0.064397237 0.643972368 10 $666,666.67
$5,000,000.00 31,057,233 0.160993092 1.609930919 10 $1,666,666.67
$10,000,000.00 36,297,233 0.275503093 2.755030926 10 $3,333,333.33



But I agree with you and fully expect an emotional reaction to the stock price post-RS to include continued downward drift in absence of news.

This is where momentum generation based on the vision would afford trading opportunities (and a Money Flow chart will help spot the opportunities) as a gap filler until/unless positive company fundamentals are realized


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