Wednesday, March 14, 2018 10:10:52 AM
With approximately 250 business days per year, $25K in sales a day amounts to a paltry $6.25 million a year in sales, probably with huge losses.
Even if one slaps a generous 8 multiple on the revenues - AND THAT MIGHT BE STRETCH GIVEN ARYC'S HUGE LOSSES - that gives ARYC a $50 million market cap.
Divide $50 million by 1.055 billion shares outstanding and that is a price per share of .05 cents.
AND THIS IS A BEST CASE SCENARIO.
GET REAL.
SAD BUT TRUE.
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