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Re: AlleggsoneBasketcase post# 220519

Monday, 04/01/2019 5:05:48 PM

Monday, April 01, 2019 5:05:48 PM

Post# of 346670
IF AMFE gets to $50M in revs with the same share structure and has a P/S of 50x which many public companies in the restaurant space carry, some even as high as 100x, puts us at $5. $30M in revs at 50x revenues gets us to $3 which isn't out of the question for a P/S multiple.

People forget we're trading at only 3x current revenue numbers which is paltry. If you believe as I do that FY 18 grossed $15m in revs we're trading at less than 3x revenue.

I believe we'll be at $30m in revs by the end of FY2020. Hell 2019 is almost over. The 4th quarter started today.

If your plan requires that you do nothing but wait, then do nothing but wait. 90% of trading is waiting