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Re: None

Sunday, 09/06/2020 11:50:19 AM

Sunday, September 06, 2020 11:50:19 AM

Post# of 37872
Market Cap 7.5 million. Last qtr. rev. of 3.5 m.
I am not expecting a phenomenal Q-2, but hoping for evidence of improved profit and debt lines overall. That will be the best sign. Obviously anywhere above 4.5 million revenue will be highly encouraging, anything less than 3.5 will be very discouraging and a warning sign.
I am very surprised we didn’t see more pop off of the latest news, that could put this company into the stratosphere, although it lacked details on paying for the deal. Bottom line, I think given all metrics and current communications, this is fairly valued between .10 and $.20, probably closer to the lower end until top line shows proof of news. Bringing me back to the benefit for us and the problem for us, benefit being that the market has no clue about the stock, so it is undervalued, problem being it will remain undervalued until the market gets excited about it. I first bought-in in December 2019, so I have no clue how much of the market was already burnt by the stock as well ....I noticed it was over a dollar within the last five years. Maybe it’s already made it’s rounds and there are many skeptics out there.
I am trying to do my part, when it’s appropriate, so I don’t look like a pumper, but dropping the Ticker on SeekingAlpha and Investing.com at times.

I say all this as a reset button, because I don’t think anything else is going to move the stock before the Q-2 report if last weeks news didn’t. Just offering my thought process to the group and especially the newcomers.
Still easy 2-bagger at current price-point.
Still reliant on a competent and continuing high level of management, if that is successful, it will surely be a 10 to 20 bagger within a couple years.