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Re: None

Saturday, 04/13/2019 9:28:12 PM

Saturday, April 13, 2019 9:28:12 PM

Post# of 24675
Looking at some facts, it appears the ticker is extremely undervalued at the current PPS. Decide for yourself:

2017

At the end of 2017 the ticker was trading at $6+ range (click on 2 year chart).

https://ih.advfn.com/stock-market/USOTC/gex-management-inc-GXXM/stock-price#2y

The OS shares was 11.36 million according to 10K for 2017 and the company was generating revenues around $8.3 million, click link (page 28).

https://www.otcmarkets.com/filing/conv_pdf?id=12677847&guid=QYZ3UHdxdvn8zyh

So average MC 2017 (approximating $6 dollar PPS) = $6 X 11.36 = $68 million.

Current Status

The OS has increased 30 times, now at 348.6 million, the MC = $1.3 million (as per OTC). Applying the same MC as it was in 2017 but to the current OS:

PPS estimates = ($68 million/348.6 OS) = .195 cents PPS. Therefore, adjusting for dilution and using the 2017 MC, the PPS estimate (.195 cents) is way higher than the current double zero PPS (.0037).

Also noted, the 2018 revenue is expected to be at $12+ million compared to $8.3 million in 2017.

And then the potential merger/buyout scenario, which could be very beneficial by itself.

The extent of conversion/dilution still remains in the pipeline (maybe not much, We don't know) will also be an important determining factor for PPS going forward.

I like my chances here, glad loaded my boat.

Best of luck to all for whatever is your decision.

$GXXM$

Disclosure: My posts are just my opinion, not intended for investment advice. Do your own DD.
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