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Re: Pennsy post# 129336

Sunday, 08/30/2020 1:41:02 PM

Sunday, August 30, 2020 1:41:02 PM

Post# of 139630
FMV of just over $0.05 based on last year's earnings and a P/E of 30, which is the standard for the advertising industry. Covid affected their earnings for the first 6 months but I anticipate this year's Q3 & Q4 to be better than last year's if for no other reason than their on-going quarterly payments from the lawsuit.
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