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Re: Kroooo post# 109111

Thursday, 07/22/2021 8:25:53 AM

Thursday, July 22, 2021 8:25:53 AM

Post# of 112675
People need to keep in mind that the Float for OBTX is only 745,601 shares. The total number of outstanding shares is only 7,459,126 (roughly 21 million shares if all the Preferreds were converted two years from now). It doesn't take much revenue to make their shares more valuable.

Their last reported earnings were $.13/share. That translates to a PE ratio of 51.5x ($6.70 / $.13). According to the Stern School of Business analysis of business statistics, the average current PE accross all business categories is 103.33x.

Applying that to OBTX, the company should be valued at roughly $13.43/share (103.33 x $.13).

If you use the average for Software (System & Application) which is 193.65x, OBTX would be priced at $25.17/share (193.65 x $.13)

Les