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Re: Manti post# 13541

Thursday, 08/15/2019 9:33:31 PM

Thursday, August 15, 2019 9:33:31 PM

Post# of 18231
No that is not true and you are wrong. If SPSO does 20 million in revenue they’re going to do about 4 to 5,000,000 net profit. I’ve talked to the company. No offense but you’re thinking OTC. Their model is based on contracts and jobs. If they don’t have any 3 to10 year contracts then it’s on a year-to-year basis. I’ve done two IPOs in the past 24 months and have two more coming out in the next eight months.If you’re going to compare them to any other solar company out there that’s on NASDAQ. You’re going to go three times earnings in this arena five max. That and u need to pay attention to the shares outstanding. They need to be 150 million shares or less. Solar companies in general do not have a great bottom line unless they have IP and do not get much attention until they reach over 50 million in sales because in general they do not own any intellectual IP. The solar companies that do very well with the are the ones that actually have IP. Otherwise they are just bidding for jobs and doing contract labor. If there’s 150 million shares issued and out without any crazy preferreds out there. The stock is worth $.25. If there’s 150 million shares issued an out and they can file and report 20 million in revenue with a four to $5 million EBIT. The stock is worth $.50. Every stock tells the story of the company. And the stock is worth what somebody will pay. Right now it’s .015.