Earth Science Tech Inc. (ETST)

[OTCPennyPincher]

According to NYU in regards to Earth Science Tech.

P/E ratios for sectors that we are in

Drugs (Biotechnology) 321.61
Drugs (Pharmaceutical) 164

http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/pedata.html


We have roughly $600k revenues last year.

So, humor me and let's do math together

$600,000 * 321.61 =192,966,000 market cap
192,966,000/4,000,000(float) =$48.24pps

If it's 164 P/E ratio then it's still worth 25 dollars a share!


Hell, lets just say the pe is a CONSERVATIVE 25/1

600,000*25= 15,000,000

15,000,000/4,000,000 = $3.75


If you own 10,000 shares today if the p/e gets to 25 they'd be worth $37,500

If it gets to where similar companies are it would be worth almost HALF A MILLION DOLLARS!!!!!!!!!


Yea, I'm LONG $ETST!!!!!