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Re: Woody73z post# 1840

Wednesday, 01/30/2019 8:06:09 AM

Wednesday, January 30, 2019 8:06:09 AM

Post# of 65734
Very very conservative valuations:

O/S = 114,056,464
If the company earns ONLY 1 million then:
1,000,000/114,056,464 = .0087 per share valuation
If it trades at 5x earnings then: .0438
If 10x earnings then: .0876

THATS ONLY WITH 1 MILLION IN REVENUE.
AFTER THE PR TODAY. I CONSERVATIVELY ESTIMATE 10 MILLION IN 2019, see below:

10 mil x 1 (earnings) / 114,056,464 = .087
10 mil x 5 (earnings) / 114,056,464 = .438
10 mil x 10 (earnings) / 114,056,464 = .876

I do think the 10-50 million range is very attainable with their business model.