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
Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM
Bemax Inc. Positions to Capitalize on Industry Growth with New Improved Quality of Mother's Touch® Disposable Diapers • BMXC • Jun 24, 2024 8:00 AM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM