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Re: Willhoitemusic post# 229769

Monday, 05/20/2019 9:11:11 PM

Monday, May 20, 2019 9:11:11 PM

Post# of 346799
It will all depend on the numbers that finally get posted.

Right now it is trading at a $36 million market cap. That is roughly 2x the amount of revenues posted by the company of 2018.

I know people are hoping for 10x revenue, but that is rarely the case. Most companies trade at 3x revenues.

That said, I think that the company can hit $30 mill this year. That would place us between .75-.80

But again, it all depends on the numbers