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Re: Roofus post# 124566

Wednesday, 09/18/2019 10:50:13 AM

Wednesday, September 18, 2019 10:50:13 AM

Post# of 176634
I don't have a crystal ball. You have to realize that last year, George was pumping it hard... the "big news" he kept promising was to his own benefit; not yours.

Pretty busy at the moment, but here's some quick fuzzy math.

Currently 171.25mn shares outstanding. That's 1.37bn pre split.

We hit .31 pre split which means the OS was worth 424mn. So, say a market cap of 600mn.
.31 x the reverse factor of 8 means a pps of $2.48 in today's numbers.

Now, that's just not realistic. We'll be bought out before then. But do I think think we could hit a market cap of 200-250mn with the right progress on the FDA front. That leaves us with a pps of $1.25.

You asked my target... it's $1. I think that could happen fairly quickly.

The wildcard is at what multiple will we sell out for.
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