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Wednesday, July 01, 2020 2:20:45 PM
Three Questions to predict:
1.) What will the share-price be here immediately after the merger is complete (and officially "public")?
2.) What will the share-price be for Dryworld one year from today (July 1, 2021)?
3.) Predict the all-time future high share price for Dryworld over the next 5 years?
I say ....
1.) $0.34 ($16 million rev. for Dryworld, plus new products and patents, O/S = 140 million)
2.) $1.59
3.) $6.98 (or $34.90 after a 5-to-1 Reverse Split, after it's in the dollars range organically)
$16 million annual revenue * 3x multiplier = $48 million market cap valuation right now.
$48 million valuation / 140 million shares = $0.34 per share value (right now)
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