VNUE Inc (VNUE)

[StockWatch45]

Looking back over VNUE's announcement of their radio network deal with Radio Operations International, Chip Morgan, CEO of ROI stated: "Radio stations have been promoting music for almost 100 years and have paid blanket fees to PROs in expectation that the fees would be equitably distributed to artists. With this new technology, radio stations can track both live and recorded song data automatically and use the data in negotiations with the performing rights organizations and artists they play."

The press release noted:

There are about 15,000 radio stations in the US market. Estimates put the potential market size for VNUE monthly fees to about $54M in the US, and about half a billion worldwide, which is a fraction of what stations pay for blanket licenses. This figure does not include other general licensing (bars, restaurants, etc.), which account for as much as $3B or more in royalties collected by the PROs.

Quick math: $54M/month x 12 = $648M/yr revenue at 10x revenues is roughly $6.48 Billion valuation.
At about 1.2B outstanding shares that is about $5.40 per share on US market only; and about $50.00 per share for the worldwide market.

So, if they only reach 10% of that potential market (ie even if they miss out on 90% of the market), then the pps could still end up around $0.54 per share if only in US market, and around $5.00 per share if in the worldwide market.

I'm putting this here, because I've noticed several commenters flashing between euphoric and quick to dump their shares for no other reason than the fact that the price went up a little bit.

While it will take time to get there, and there is no guarantee that they do, it is good to keep this information put out by the company in mind BEFORE you consider selling your shares in my opinion. You might be missing out on a bonanza for a pittance.