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Re: None

Sunday, 10/29/2017 2:45:18 PM

Sunday, October 29, 2017 2:45:18 PM

Post# of 30291
Up on high volume and down on low volume, has usual weak hands are getting shaked while a core of confident investors seems to patiently waiting for things to go up north.

Just a reminder, from last numbers we have which was Q3, net income was around 75k for the quarter which was the first quarter since the acquisition of big rhino and we know from CEO words that subsequent quarter were better than the first one so we can approximately expect net income from others Q to be around a 100k per quarter, with this conservative estimation we can expect a net income per year of around 400k. Add a conservative P/E ratio of around 10x, which is under the average p/e of most company of 15x, and you get a more realistic market cap. of 4 millions which is where we should conservatively be trading once financials drop.

Market cap right now is around 500k $, I'll let you do the math but there's a couple "X" bagger to be grabbed easily before we reach that market cap.