Logiq Inc (LGIQ)

[Welcome2Pinkyland]

with an estimated PPS value of close to $10 - I do tend to agree with you that STOA could trade on the NASDAQ:

current estimated value of STOA's PPS ($.00996) and share structure-pre split below:

10b A/S
O/S 7.83bil
Float 306m
restricted shares
magic glow 326m
ad2 200m
TRC 7.2b

Profits $2.6mil

$2.6m / 7.83b = .000332 EPS

.000332 x a factor of 30 puts the estimated value PPS @ $.00996

the estimated value of STOA's PPS ($9.96) and share structure-post split below:

250m A/S
O/S 7.83mil
Float 306k
restricted shares
magic glow 326k
ad2 200k
TRC 7.2m

Profits $2.6mil

$2.6m / 7.83m = .332 EPS

.332 x a factor of 30 puts the estimated value PPS @ $9.96

$36mm - that’s a roughly 15X 2014 net income which is actually below market as the average P/E in the mobile applications sector is 45X.

TRC, in it's fiscal year ending December 31, 2014, had audited revenues of

SGD15.7 million = $11.6m

and net income after tax of

SGD3.5 million = $2.59m