Earth Science Tech Inc. (ETST)

[OTCPennyPincher]

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


Biotech stocks industry average current P/E ratio is 361.


361*500k revenues = $180,000,000

$180,000,000/4,000,000 (float) = $45.10 per share

$180,000,000/40,000,000 (outstanding shares) = $4.51 per share


No matter how you look at it, we are undervalued. Anything under $4 is a gem.

You guys do realize that every 500k in revenue could DOUBLE the pps and that they just signed a joint venture to invent and develop 2 cannabis drugs for breast cancer and neuropathy and several other nutraceuticals.

Pharmaceutical and Biotech companies raked in BILLIONS last year of producing new drugs.

This company is already a profitable company with 500k in revenues and they are GROWING!!!!!