Saturday, September 24, 2016 11:15:59 AM
The market grants TRTC a lot of slack, as it should being a venture capital equity financed company.
The market has valued TRTC at 10X sales (revenues) in the past, so here's a thought exercise.
New O/S will be about 750,000,000 out of about 990,000,000, times $0.35 = for a market cap of $262,500,000.
Then estimate the forward revenues with Blum of maybe $10,000,000 per quarter for $40,000,000 per year.
So $262,500,000 (new market cap)/ $40,000,000 (estimated forward revenues) = 6.6 will be the non-diluted price to sales ratio.
https://en.wikipedia.org/wiki/Price%E2%80%93sales_ratio
What will the market do Monday? Based on the above math... not much as IMO it's priced in, since in the past TRTC has garnered a 10X ratio, but I wouldn't go so far as say 6.6x is "cheap" given that TRTC needs to float a ton more stock between now and 2018 and has very poor internal metrics.
GLTA
Recent BLMH News
- Form 8-K - Current report • Edgar (US Regulatory) • 11/14/2024 09:40:14 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/13/2024 08:28:32 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/12/2024 09:29:17 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/12/2024 07:51:37 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/08/2024 08:06:51 PM
Kona Gold Beverage, Inc. Updates Multi-Million Dollar Merger and Posts Over $1.2 Million in Q3 Revenues • KGKG • Nov 15, 2024 10:36 AM
HealthLynked Corp. Announces Third Quarter and Year-to-Date 2024 Results with Strategic Restructuring, Third-Party Debt Repayment, and Core Technology Focus • HLYK • Nov 15, 2024 8:00 AM
Alliance Creative Group (ACGX) Releases Q3 2024 Financial and Disclosure Report with an increase of over 100% in Net Income for 1st 9 months of 2024 vs 2023 • ACGX • Nov 14, 2024 8:30 AM
Unitronix Corp. Publishes Its Cryptocurrency Portfolio Strategy • UTRX • Nov 14, 2024 8:05 AM
Avant Technologies and Ainnova Tech Form Joint Venture to Advance Early Disease Detection Using Artificial Intelligence • AVAI • Nov 12, 2024 9:00 AM
Swifty Global Announces Launch of Swifty Sports IE, Expanding Sports Betting and Casino Services in the Irish Market • DRCR • Nov 12, 2024 9:00 AM