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Re: ARanger51 post# 6534

Sunday, 04/14/2019 9:34:27 PM

Sunday, April 14, 2019 9:34:27 PM

Post# of 24675
Agreed. SHM$ is on QB, has similar OS (298M per OTC) to GXXM and has no revenue, went up to a $1 dollar range, now trading at around .19 cents.

GXXM has potentially $12M+ revenues, and the PPS was in multiple dollars in about a year ago.

Many are low balling the potential PPS estimates, imo.

MC (market capitalization) normally equals to 2X to 5X revenue figures.

Conservatively using 3X,

Potential MC = $12M revenues X 3 multiple = $36 million. OS = 348.7 million.

Potential PPS estimates = (MC/OS) = ($36M/348.7M)= .10 cents.

Sounds like the ticker is extremely undervalued, based off of MC calculations using a revenue multiple.

I like my odds here, glad held my shares with a kung fu grip!!

Good luck to all in whatever decision you make.

$GXXM$

Disclosure: My posts are my opinion, not intended for investment advice. I'm often wrong in my analysis, hence do your own DD before trading in stocks.

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