Have you ever heard of a "Legal Review"??? This is a long an VERY expensive review that takes EVERYTHING about that business, including future revenue valuations, etc. This is what is involved in most big purchases with respect to Mergers & Acquisitions or, in our case even a Reverse Merger. Whether LAHO paid for a Legal Review or not, I don't know as I haven't read anything about it. But, to simply say a company is worth it's annual revenue comes from a lack of knowledge. It's a simple rookie type of mistake by tending to use the most simple common denominator. Everyone who's been around investing long enough understand that there are multipliers involved for future revenue potentials. Other variables such as growth potential can also impact that valuation. This is why people are so excited about the potential of LAHO.
Go back to the drawing board, abacus, calculator, chalk on the sidewalk or whatever and rethink things.
Everything I post is purely my opinion. I am not here to give advice or manage finances for anyone other than myself. Please do your own due diligence when considering investing or divesting yourself of any existing investment.
