Pace Medical, Inc. (fka PMDL)

[LMLYP]

If they gave some cash flow numbers, maybe someone much smarter than me

can come up with an enterprise value.

Let's say $10.5 million in sales 2020.

Do you want to put a four multiple on revenues?

$42 million dollar market cap.

Divided by 7 million fully diluted shares. That's $6 a share.

Could $6 work? Maybe 30 cents in earnings?

Twenty times earnings.

If we weren't on the pink sheet, if we reported everything would be

double.

Let's cut that four times sales down.


How about three times revenues.

That's $4.50.

Can we add $1 to any price, since they pay a dividend, and have over $1

in cash. I know that is never part of a valuation, a balance sheet,

but if they are operating as lean as they do, we have to give some

premium over three times sales.

So based on 2020, how about $5.50 as fair value?



My target was $4.40 and then $4.75 leading up to the report.

How about $5.50 pre report?

I am very ready for a $5 print.

And for Joe to get more than four hours of sleep.