Logiq Inc (LGIQ)

[benlurkn]

$STOA$ earned $.002 for 2014 4th Q! And trades for .0005? All this before proposed merger to improve profitability? That is using the EOY share total of 46,256,568. But even using today's end of dilution total of 212,804,675 shares and project that same profit for each of the 4 Q's in a year you would get annual earnings of $94,574 x 4 = $378,296 divided by 212,804,675 equals $.0018. A PE ratio of .0005/.0018=.28 We would need the price of $STOA$ to almost quadruple to get to a P/E ratio of even 1!!!!! A nominal P/E ratio of 10 would give us a price of $.018! Seems definitely undervalued at this level. IMHO