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Re: None

Monday, 08/13/2018 9:59:16 PM

Monday, August 13, 2018 9:59:16 PM

Post# of 53296
Aprill 2017, EGT Reported 1.95 mill revenue which had steadily decreased since 2012. Actually, it was half of the revenue it made in 2012.

https://seekingalpha.com/filing/3500733#V461481_10K_HTM_A_009

Today, GMGI reported an anticipated revenue of $450,000 for Q4.

Q4: $450,000
Q3: $345,000
Q2: $30,000
Q1: $30,000

AS of GMGI is 6 Billions (24x AS of EGT at 250mill shares)

The last 2Q has been quite impressive. If I am assuming that the next 4Q stays at a minimum of $450,000K. We are looking at $1,800,000. If we assume 30% increase, we are looking at $2,350,000

With that in mind, we are actually pretty close to the revenue of EGT when it got bought out and SP at that time was around $2.2 to $2.4..

With that in mind and taking into account the AS, should this not be priced at $.10 ($2.4/ 24)?? or am I missing something?
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