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Re: BugStocks_com post# 11655

Wednesday, 01/20/2021 11:37:36 PM

Wednesday, January 20, 2021 11:37:36 PM

Post# of 16080
I don't see that $14B valuation.

What I see is 618M shares owned by insiders, plus they are selling 115M at $10, so roughly $7.3B at the $10 share price.

Regardless, based on their revenue and EPS, they should NOT be valued 36x KAVL. If anything, I'd expect them to be 5-10x KAVL at most which puts KAVL in the $3 range like you said.

Good find man, once they start trading that should really help us figure out a valuation here.

"Everything in existence is based on exact proportion and perfect relationship. There is no chance in nature, because mathematical principles of the highest order lie at the foundation of all things. There is nothing in the Universe but mathematical point

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