Tower One Wireless Corp (TOWTF)

[gjervis]

$TOWTF

Towers Sold - 23
Cash Received - US$2.6M
Actual Sale/tower - US$113,043.48

No. of towers currently - 82
Value of Towers based on actual sale price - 82 * 113,043.48 = US$9,269,565.22
Cash received - 2.6M
value of company excluding debt - US$11,869,565,.22
Estimated amount of debt - US$3,007,518
Value of TO less Debt - US$8,862,046.42
Cash flow from 100 tenants - US$602,669.17/year
Fully diluted shares - 102,004,647
Value of TO/share - US$0.09/share, including cash flow - US$0.093/share
convert to canadian - 1.33*0.093 - $0.123/share.

so, that's my current valuation as of now. this does not include the 1.8M infusion by the third party or the 150 plus towers to come in the near future.

i am a buyer at any price now. this company has just validated itself by actually selling real towers and by having a third party fund them to do a Joint Venture.