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Re: lngnstrng post# 9010

Wednesday, 12/02/2015 8:42:28 AM

Wednesday, December 02, 2015 8:42:28 AM

Post# of 21105
Thanks for posting his response.

Just to be conservative let's assume the following:

*The share count goes to maximum of 600,000,000 by deal closing date
*Pro Star revenues for 2015 were flat with 2014 at $27 million
*Price to Sales ratio is 1/2 the industry average of 1.0 for Trucking Co's at .5

That brings us a valuation of $.0225 per share. A SEVEN bagger from here.

(27M*.5/600M)
(13.5M market cap / 600M shares= .0225 per share)

Of course, the audited financials will determine the proper price, but
the investment makes sense based on what we know & what is reasonable to assume...
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