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Wednesday, 09/23/2020 9:28:14 AM

Wednesday, September 23, 2020 9:28:14 AM

Post# of 54442
I strongly feel that investors/shareholders need to make a choice NOW. So often, we yap at and fault Mgt. for doing things or not and this time it is up to all of US. We know Rossi needs money for R&D as well as for "ramping up" production. $4M IMO is not all that much to ask for leading into the launch for TerraVis.

WE have a say in that as o/s makes a difference...I would rather go into 2021 with 61M o/s vs. say 77M. Yep, $4M raised at $1 vs. 20M shares issued at 20 cents is far better.

My Point: If you truly believe in WorkSport (and Rossi) NOW is the time to step up, help raise PPS, as once its qualified - he is going to then PRICE the offering so crowdfunding can commence. Hundreds are lined up willing to directly HELP this company. IMO - make them pay top dollar. LIMIT dilution for the very company that you have invested in. Help create a base of investment at double or triple current levels.

Last time for you...here is my conservative VALUATION:

If $70M is over 7 years than $10M in revs per year is a good avrg.

Then assume (low) Atlis brings in $4m

Then assume that their (WKSP's) other revenues from soft covers is at only $1M.


Talking 15M x a 3 multiple is 45 divided by say 65M o/s = 69 cent PPS


** EVEN HALF OF THAT is higher than where we are now and market is supposed to be forward thinking. Exciting times peeps

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