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Re: anotherboat12 post# 3489

Sunday, 08/09/2020 6:11:48 PM

Sunday, August 09, 2020 6:11:48 PM

Post# of 44690
...no question hype can drive it well over its realistic SP...most otc investors invest on how cheap SP appears in dollar terms...not actual value...

Those who were around in 2000 market know that...they also know the drop when the music stopped!.

GILD has a PE of 10... SP of $70 represent annual earnings $7.00 per share

IF RLFTF had a PE of 10 (based upon Annual EBITDA of $200M on a gross
$300M?)...

SP would be limited to less than $1.00 per share, coincidently it topped out last Thursday at ...$.95 per share

IMO...not a coincidence.