InvestorsHub Logo
Followers 35
Posts 717
Boards Moderated 0
Alias Born 02/19/2014

Re: Smith Sam post# 16996

Saturday, 05/30/2015 2:39:09 PM

Saturday, May 30, 2015 2:39:09 PM

Post# of 66165
Yeah, so right now the share price is pretty much where it should be according to current revenues. Revenues are somewhere around $2 million. So if you take the $2,000,000 and divide it by the current O/S of around 2.5 billion you get a share price of $0.0008 which is pretty much where it is now. But when you take into account the estimated revenues from Vanguard, which is $14-20 million, the share price should go up accordingly. So let's say they bring in the minimum revenues from the Vanguard estimates, that would be $14 million. New market cap should be $16 million, so 16,000,000/2,500,000,000 is a share price of $0.0064. That is where I'm getting my estimates, keep in mind they are just rough estimates.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.