InvestorsHub Logo
Followers 1
Posts 34
Boards Moderated 0
Alias Born 04/14/2015

Re: Dr. Steve Brule post# 1902

Monday, 05/18/2015 5:23:54 PM

Monday, May 18, 2015 5:23:54 PM

Post# of 13669
So ... today's filing states: "The Company’s revenue is expected to increase from $0 for the quarter ended March 31, 2014 to approximately $870,895 for the quarter ended March 31, 2015."

Assume their annual rate of sales is $870k times 4 = $3.5 million (not factoring in growth). Many microcap stocks trade at a multiple of vapor,... or rather a multiple of 'sales.' So at what multiple should SURNA trade?

At 6 times sales, SRNA is worth about $.15 per share.

At 20 times sales, SRNA is worth about $.50 per share.

Any thoughts on valuation?????

_______________________________

My opinions only. I own SRNA.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent CEAD News