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Re: th340385 post# 8205

Tuesday, 04/04/2017 3:01:56 PM

Tuesday, April 04, 2017 3:01:56 PM

Post# of 13669
I believe revs will be between $15-20 Million this year. Split the difference and you get $17.5 million. I roughly calculated a revs multiple in the industry on average of about 10, depending on who you look at, in some cases it was much higher. That gives you a market cap of about $175 million, divided by the 170 million or so S/O and you get $1+

With all that said, right now it should be trading at about .50 cents on this calculation, but I think the fundamentals have to shine through the BS eventually.
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