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Re: Bully post# 50546

Saturday, 03/14/2015 12:49:06 PM

Saturday, March 14, 2015 12:49:06 PM

Post# of 87250
Elite Investments article: 'One of the interesting things about this situation is that you could value the company substantially higher based on revenue levels and growth rates. If they hit the low end of their sales forecast in 2015 of $150 million, with a cleared up balance sheet and cash to grow, 1-2x sales is very reasonable. That would see the stock trading 200-500% higher from 15 cents by year end. This isn’t a forecast, it’s just an example of what the market could peg as a reasonable valuation. With modest profitability on those sales and growth rates predicted to continue, who knows, 10x sales.'

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