As per submission, Registrant’s recognizable Gross Revenue for the period ended June 15 2020 accrued in the amount of $140 Million. Operating & Other Expenses totaled $9 Million for the period, leaving a profit of $131 Million before provisioning for taxes. Tax was provisioned for $29.55 Million, netting a Profit After Taxes in the amount of $101.49 Million, carrying an EPS of $14.71 per share, prior to any dilution.
Registrant however asserts that it earned recognizable income for the quarter June – Aug 2020 though not received in cash and such earning culminated into an estimated $14.71 earnings per undiluted share, subject to review by auditors and corrections or restatements if any they recommend. Assuming an average industry P/E of 20+, Registrant is pleased to announce that it shall forward split its shares in 30:1 ratio which will facilitate the Registrant to cause reasonable liquidity for its stock in the markets which in turn helps it to get listed on recognized US Stock Exchanges and globally elsewhere.
Just waiting for LP to submit the S-1 and commence the split to get us over to NYSE.