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Re: FUNMAN post# 5776

Thursday, 09/19/2019 12:37:30 PM

Thursday, September 19, 2019 12:37:30 PM

Post# of 18378
False - a company on track to exceed 240 million in sales with their level of profitability values us at approximately exactly where we are at market cap value around a billion based on an EBITDA and current sales valuations (I use to do business valuations for a CPA firm, so I sort of know what I'm talking about here). To think this should be sub $1 a share with a market cap under $110 million is pure idiocy.

We are investing with the hope that they hit future year sales targets which would put the share price in the 15-20 range for 2020 estimates. I do not invest money on just a whim, I've done plenty of due diligence to back my "opinions".

"Give me six hours to chop down a tree, and I will spend the first 4 sharpening the axe" - Abe Lincoln

I've spent my "four hours" doing much planning and DD before pulling the trigger on purchasing shares.