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Re: WillForeall post# 93164

Wednesday, 08/08/2018 10:26:29 AM

Wednesday, August 08, 2018 10:26:29 AM

Post# of 115092
I mean so long as there is not dilution resulting in downward pressure, being that the company has profits and cash flow positive, no reason that it can't support market cap that is 4x current levels based on last years numbers alone.

I mean 10x revenue little extreme but not crazy since they have decent balance sheet and are profitable and if they are indeed growing at the clip they indicate that could easily be at $12M-$15M which puts this in the .006-.008 range

Now we all now the OTC is anything but logical so these numbers are meaningless in the Pink Sheets but do represent a reasonable valuation in the real world

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