Abattis Bioceuticals Corp. (ATTBF)

[ebota12]

You guys are too funny.

Say they test a batch per week for 5 different LP's, an optimistic amount of repeat business IMO.

I have no idea what they would charge, but let's just say it's $500 per batch. That's $2500 per week in revs, or $130,000 per year. Heck, I'll give you $1,000 per batch = $5,000 per week = $260,000 per year.

Pretend they have a 20% net margin which is pretty darn aggressive. In this scenario it is $52,000 per year in net profit, which is less than $0.0004 earnings per share considering 135M in shares.

A company like, say, Netflix (heard of them?) had EPS of $0.43 in 2016 with a share price $143.25 which is a multiplier of 333 times EPS.

If the market accepts Abattis like they do with Netflix (don't laugh!), share price would be around $0.133.

That means right now we are over-valued at $0.135 pps.

Facebook has a ratio of only 38.8 which values Abattis around $0.015.

The company filed their annual report a couple weeks late and you bust out BOOM GOES THE DYNAMITE!!! On this board, the only acceptable use of caps is LOL, HTH!