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Re: snow post# 143991

Wednesday, 08/22/2018 12:35:19 PM

Wednesday, August 22, 2018 12:35:19 PM

Post# of 163716
Snow for once I agree. I believe $2-5 is very easily achievable in less than a year if dilution has stopped now. Those who claim this is not possible are clearly not experienced in markets and just how quickly stocks can move especially when starting from $12M market cap...(also probably the same people who never thought the stock could go this low). If we become a $120M company, which is nothing, that's a 10 bagger. All it takes is credibility and sentiment change all of which the cash dividend and Tri-way dividend should do by the end of the year. Once you have legitimized the cash flows then you can start talking valuation, EPS growth, etc.

On the other hand the pps has dropped a lot more than 90% from its high of 17 dollars a few years ago. The current pps is less than 20 % of 1.7 dollars. This represents excessive pessimism in my view. A realistic pps if the dilution stops more or less and fundamentals develop reasonably well could be 2 - 5 dollars per share.

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