Strake Inc (SRKE)

[ehihub]

Jan 28th PR: CEO stated “We have a great game plan for 2019 to accomplish our goals. We are looking forward to increasing our revenue by serving more and more new clients, which is expected to result in high net margins and increased cashflow."

From Oct 23rd 2018 PR:
GH Capital´s service fee is based on a mix of cash and equity compensation and starts with about $80,000 attached with an equity stake of its IPO client.

My valuation:

I estimate the total value of each client (cash and equity) at 1.2 million. I further estimate with the “massive interest” that GH Capital should be able to service up to 10 clients per month, but I’ll use 5 for my numbers:


Total O/S as of 01/15/2019 = 114,056,464

1.2 million x 5 x 12 months = $ 72,000,000

$72 million/ 114056464 o/s = .63 per share (at 1 times earnings)

.63 x 5 times earning = $ 3.156

.63 x 10 times earning = $ 6.30