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stocksbelow1

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Re: panther6262 post# 149826

Friday, 01/19/2018 4:56:18 PM

Friday, January 19, 2018 4:56:18 PM

Post# of 255668
A multiple of 5 is not in the ball park for a startup with good revenue projections. For example the S&P 500 average is somewhere around 16 p/e. This of course is for mature companies for the most part. This is an OTC startup and a penny stock with tremendous projected revenue growth. So
I would agree somewhere in the 20-40 range with potential for much higher for the first couple years.
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