DSG Global Inc (DSGT)

[RoamingBull]

"We are excited to finally be entering the electric vehicle space. While it has taken more time than anticipated to become operational, the company will be selling hundreds of vehicles each month. said Rick Curtis, President"

Ok so what if they don't sell hundreds/month, what if they don't sell even 100. What if they averaged 50/month at ~$20k each. That is $12 million in a year and MC after Friday is a paltry $2.2m. Laughable!

If you only consider the $12m in revenue at a measly 1X MC the SP should be $0.38. Lol, put your own multiple on it, what do you get?