China Food and Beverage Co (CHIF)

[Renegades17]

Comparable valuations- CHIF valuation is dirt cheap


E-BET (fully diluted): ~$320 million
GMBL: $238 million
SLGG: $135 million


GMBL is roughly the mid-point valuation. At that valuation, CHIF would be trading at ~$12.50. That ignores the share reduction plan already communicated by the company.

E-BET, with minimal revenue, PEAKED at a valuation north of $800 million with a similar float and share structure (fully diluted).