Shell Stocks; Reverse Mergers; Acquisitions; Zombies; Greys; & All "Other" Plays

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My $ASKH PPS estimated valuation is between $.20 and $.33:

$ASKH is a clean SEC filer with an LOI with a company that generates $20m and is profitable.

Currently the audit is super close to being completed. Final stages of audit almost complete per CEO.
MaloneBailey are the auditors. https://www.audit-market.com/malonebailey

Market cap currently is only $1m

O/S is 29.8m
Float is 21.6m
https://www.otcmarkets.com/stock/ASKH/security

Revenue of acquisition candidate is $20m

5 X factor of revenue puts potential market cap @ $100m

$100m / 30m = $3.3 pps estimation

But that is not my PPS target unfortunately - additional shares will need be issued to secure the merger and financing mentioned in the 8k https://www.otcmarkets.com/filing/html?id=12526793&guid=7f2MUpjTIc_Oa3h

Now we will need to guess how many shares will be needed to be added to the O/S to complete the merger and financing. Usually legacy holders end up with around 10% of o/s.

Now estimated pps based on revenue and additional shares in o/s is:

$100m / 300m = $.33 PPS -

However, I like basing my estimated pps’s on the EPS- unfortunately from the resent 8k we don’t have that info- but I can can guess:

A low profit margin is 10% - so profit on $20m is $2m

EPS on $2m using our 300m o/s assumption is .0067 EPS

Using a factor of 30 for intended growth, the estimated pps value based on estimated EPS is $.201

So being pretty conservative with all the asummed #’s per my calculations
my $ASKH’s estimated pps value is currently between $.201 and $.33 [color=Green][/color]

Merger company photos: