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Re: None

Monday, 10/23/2017 4:09:06 PM

Monday, October 23, 2017 4:09:06 PM

Post# of 65771
This is why I bought EVIO today:

1. I believe the last pr that EVIO is on tract for ~$500,000/month revenues.

2. I can do my math:

$500,000/ month X 12= $6M/year
$6M X 35% margins = $2.1M Revs X 15 multiple = $31,500,000 cap value.

$31,500,000 cap value / 30,000,000* AS count (adjusted for pre RS max) = $1.05/ share evaluation.

current price $0.52 = 50% discount to value.

* I know that the posted AS count is much higher, but I believe a lot of the "fluff" in that number is to cover outstanding note contingencies and that there is no further toxic dilution to take place other than what is already anticipated by past deals. These assumptions are tantamount to using full dilution pre RS.

JMHO.
GLTA