Wednesday, February 12, 2020 11:02:55 AM
Or $10 Million A Year
And a Measly PE of 30 (way low for a high growth company)
And 30 Billion Shares Outstanding, (Authorized Will Probably Need To Be Raised
This Year To Cover Loans and Note Holders for Next 2 Years, (So I Am Getting Ahead Of It)
Gives Biel a Price Per Share Of
$.01 PE 30
$.02 PE 60
$.03 PE 90
$.04 PE 120
$.05 PE 150
Higher PE Very Possible
$.01 and PE 30 Folks Is a $300 Million Dollar Market Cap.
That Can Happen REALLY Fast!!
Math
$10,000,000 Divided by Shares Outstanding 30,000,000,000 (billion) = $.0003
$.0003 X PE 30 = $.01
I Specialize in the Removal of Cockroaches, Jackals, Vultures and Wolves.
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