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Re: Kroooo post# 109183

Monday, 08/02/2021 12:08:15 PM

Monday, August 02, 2021 12:08:15 PM

Post# of 112680
LOL We can keep redoing the numbers, however, new projections have been coming rather quickly lately. In the case of Vengar Technologies, all we know is that they're projecting $45 million revenue over three years. We don't know what the profit margin will be or whether the revenue will be evenly distributed each year. There's already a large degree of uncertainty of roughly $25 million in either direction based on Pulse earnings so Vengar wouldn't add much to the estimate. Again, keep in mind, all we're trying to do is figure out what a rational range of target prices could be. In this case the range is quite large depending on what industry class we put Everything Blockchain into. However, a pps of roughly $50 is quite reasonable for a financial services company while roughly $800 is not out of the question if we classify them as "Software (System & Application)"

Les

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