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Re: quigley24 post# 4306

Sunday, 10/13/2019 9:53:16 PM

Sunday, October 13, 2019 9:53:16 PM

Post# of 7057
Well to be conservative let's use another company who currently has a 12 month trailing revenue of $31 million-Terra Tech. Currently their market cap is $34 million with 110 million outstanding shares. Their share price currently sits at 31 cents. Given that Diego Pellicer can have rev of $30 million and trade at 1.1 times their revenue with about the same market cap and given that diego has roughly 76 million OS we're looking at a share price around 44 to 45 cents. Of course investor sentiment is everything and different companies will trade at varying multiples of revenue. Some trade at 10, 20 or 30 times revenue. That also has to do with how investors feel about the company and future revenue potentials. Profitability is also a big factor. While companies might have revs they are still losing money. We'll have to see what unfolds and if we get another spike like we did last year when the sp jumped to 35 cents. Hopefully more.