So, taking into acount a 100MM share maximum (OS could be much smaller, last reported at 30MM) and $42,000,000 in projected revenues we could have the following conservative estimates using industry standard metrics for foreign telecom services:
http://biz.yahoo.com/ic/845.html Industry Statistics Market Capitalization: 461B Price / Earnings: 10.9 Price / Book: 10.3 Net Profit Margin (mrq): 9.5% Price To Free Cash Flow (mrq): 306.1 Return on Equity: 21.6% Total Debt / Equity: 2.7 Dividend Yield: 2.6%
So, considering $42,000,000 revenues x .095 industry avg profit margin = $3,990,000 earnings x 10.9 industry average P/E ratio = $43,491,000 Market capitalization.
So using conservative industry averages, given these projected revenues, a $43,491,000 market cap is not out of the question.
Now, we know ATLJ has a minimum of 30MM shares outstanding (last reported number) and a maximum of 100MM shares (confirmed authorized yesterday)
Market cap ---------- potential shares OS -------- projected pps $43,491,000 ---------- 100,000,000 ---------------- $0.43 $43,491,000 ---------- 30,000,000 ---------------- $1.45
CURRENT PPS of .0032 gives us a current Market Cap of $96,000 to $320,000 (based on 30MM OS to 100MM OS) LOTS OF ROOM for movement north, based on the above information.
CHART GETTING READY FOR BLASTOFF
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