Megola Inc (MGON)

[nvidiaforgames]

$10MIL+ REVS PER YEAR +327% PROFITABILITY HUGE:

Deerock Member Level Wednesday, 05/23/18 08:09:13 PM
Re: wls12 post# 15649 0
Post #
15660
of 15763



Latest DD package on MGON...

As a complete television network with a full lineup of original programming, we expect revenues in excess of 10 million dollars for this year through The Share.TV network beginning in 3rd and 4th Quarter of 2018.

TheShare.TV is ahead of schedule and achieves increased profitability by a minimum of 327% by having its own production facility versus renting and purchasing new equipment.

The Share.TV Foundation can possibly raise millions of dollars in funding for programs distributed through The Share.TV Network channel.

Source: https://globenewswire.com/news-release/2018/04/27/1489143/0/en/MC-Endeavors-Room-21-Media-Inc-Announces-Multiple-ShareHolder-Updates-New-Studio-Final-New-Hire-New-Foundation-and-Merger-Talks-Continue.html


Back of envelope analysis...

Today market cap = 150/M OS x $0.03 = $4.5M

Valuation is less than 0.5x 2018 revenue

MGON