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[joborders]

WWIO Closes $11M+ Acquisition & .0176 Share Valuation...

WWIO has just released news of acquiring 11.2 acres of land to build homes that will bring in a minimum of $11,000,000 Revenues from the project that will be funded from a government grant by the California Department of Housing and Community Development:

Quote:
http://www.hcd.ca.gov/


Quote:
WOWIO, INC. Acquires Land to be developed into low cost housing in Northern California
https://globenewswire.com/news-release/2017/11/09/1178430/0/en/WOWIO-INC-Acquires-Land-to-be-developed-into-low-cost-housing-in-Northern-California.html


Key Notes Per the PR:
** 11.2 Acres
** WWIO wholly owned subsidiary to purchase 100% of BLRR Corp
** Funding is from a grant by the California Department of Housing
** Grant is not required to be paid back until after the homes are sold
** Total of 50 Condos at a minimum of $220,000
** $220,000 x 50 = $11,000,000
** WWIO believes that EBITDA will be between 15 and 20% of the sale price
** Outstanding Shares (OS) = 4,234,745,063 shares (Per OTC Markets)
https://www.otcmarkets.com/stock/WWIO/profile
** Price to Earnings (P/E) Ratio for Real Estate Industries
http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/pedata.html


** Lowest Real Estate P/E Ratio to consider is 45.30
** P/E Ratio Logical Understanding
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57154170
http://www.investopedia.com/terms/p/price-earningsratio.asp

WWIO New Fundamental EBITDA .0176 Per Share Valuation

$11,000,000 x .15 EBITDA = $1,650,000 EBITDA

$1,650,000 EBITDA ÷ 4,234,745,063 Shares (OS) = .000389 EPS

.000389 EPS x 45.30 P/E Ratio = .0176 per share

v/r
Sterling