Paysign Inc (PAYS)

[ebrie014]

Looked at BABYF quickly - there really is not much in terms of financials to look at so can't speak to that... Sales minimal, still in R&D/pre-launch phase.

That being said, the sector is growing and its a good niche to be in. The new agreement appears promising. Also happy to see the strong insider ownership - this is one of the factors that attracted me to PAYS/TPNL at the beginning as it creates strong alignment of interest. Overall worth putting a small bit in it and watch it develop (still a little early stage for me but risk/reward appears okay given certain factors). Most Company's in this space trade at 3-5x revenue though if it can get the same traction as Beyond the Meat then 25x+ multiple of revenue is possible in the short term if it can show strong growth - company value is 60M as an FYI)


E.