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Re: None

Tuesday, 05/26/2015 10:52:16 AM

Tuesday, May 26, 2015 10:52:16 AM

Post# of 111920
Reposting my weekend thoughts since I don't think people go back to read this stuff.

Debt: My best estimate is $300k left for Magna and $220k~ left from other entities. Hopefully one of those 3 will be paid in cash.

The new AS implies about 500m shares left to convert at worst. I put that pie chart you should check out.

Either way we slice the next few weeks of action, when the dust settles there should be no convertible debt and 4.1 billion shares OS.

I expect $9.1m in sales over the next four quarters.

Using that figure and expecting 4.1B shares OS. The pps should settle between .0022 and .0222 conservatively. That's the range between a price to sales multiple of 1x and 10x. It will all depend on the growth they exhibit and if they are improving profitability. If this runs it will probably hit .03-.045 briefly and then pull back.