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Re: None

Thursday, 12/17/2020 10:04:42 PM

Thursday, December 17, 2020 10:04:42 PM

Post# of 37872
Price debate. A $1 price and the 92MM registered shares means a market cap of about $225MM correct? So if they surge to $35MM annual run rate by October, that’s 6.5 times revenue run rate. That really is possible. But is it sustainable? If they keep bringing deals where revenue projections are exceeding expectations, maybe.

I don’t think it will hold $1 until monthly revenue is $3MM but will hold it and spike higher if they report a full $9MM quarterly revenue.

Is it really possible to get there in 12 months? I guess it depends on those LOI in play.