This is my take, the company had no revenue a while ago and now it will definitely hit 1MM by end of year. That alone should give shareholders some kind of hope (at least to me). BTZO's CEO is definitely moving the pieces to get this company to be something in the near term, although i think we are looking at a 2 to 3 year horizon (who knows). The Koka deal is so sketchy as some have said, if you look at Koka's website (Koka consulting LLC), you will see that they are way too fancy and probably making a lot of money to accept being acquired by BTZO (kind of unrealistic). I actually found (although not reliable) that Koka Consulting LLC is estimated to generate approximately $200.0 million in revenues a year. If this is true, then we are going to be extremely disappointed to learn that Koka creative is actually not Koka Consulting. No one in his/her right mind would do a business deal like that. However, regardless if it is the real Koka guy or not, BTZO's CEO is doing a great turnaround just by making numbers appear on the top line, therefore, i am looking forward to what the future might bring. All I know is that we are definitely in the early stages of a turnaround and lucky to get in at the cheapest price ever (i find very messed up retailers do not let us buy lower than 0.0001-that's BS). If the CEO has integrity, then it will be unavoidable to see the stock price move up, especially if BTZO decides to buy back shares once it has discretionary cash flow. This stock could be worth more than a penny in 2 to 3 years.
Some would be more comfortable estimating a company's valuation by using the usual price/earnings ratio, but i rather use EBITDA multiples, which i like to use 10x for default. This is not an exact science, but you can have a realistic estimate on where this company can be trading depending their EBITDA levels, which at the moment is at least negative half a million. If the company creates EBITDA (in other words: cash flow) in the near term and assuming the same amount of outstanding shares (~4b), then you can have a realistic share price. Once the company generates 4MM in EBTIDA it will be worth a penny, until then we should only look at 0.000' tops 0.00' unless some crazy pump and dumb event takes place here (I wish hahaha).
An example of what i am saying is today's verizon's announcement to buy AOL. AOL's EBITDA was ~$400 million and they were bought at $4.4 billion, almost 10x their EBITDA.
AI
