We were told last earnings did not include ARIA revenue as the acquisition only closed after the period the earnings described.
We were told to expect anything from 1.2 to 1.8 million in revenue (and before some say this is expected by now and has been priced in, you don't price in revenue growth by dropping the share price by 2 thirds).
We were also told we would see vast balance sheet improvements, what this exactly means is a bit more up in the air.
If we are given 1.2 million in revenue, this would means the company is more or less trading at 1.5 times yearly revenue (2.4m yearly, 3.6m mcap at 0.0011), which, even with the debt concerns Bubae talks about, is a completely ridiculous valuation for the stock.
If I extrapolate a bit and go more towards 1.6~1.8 million every 2 quarters or around 3.2, 3.4m yearly, we are currently trading at 1.05 or 1.12 times yearly revenue.
The liabilities are an issue yes, but if Shawn does deliver on his promise, we could very much see ourselves trading at the bare minimum at 4-5 times that projected yearly revenue which could be anywhere from 0.0040 pps to 0.0050 pps, and that would be ignoring that the OTC is fundamentally hype based and sufficient hype could pump this to a less reasonable but maybe achievable penny, provided lenders don't absolutely murder the pump again.
If that will all happen in a glorious couple of weeks or over an entire quarter I can't say as I don't see the future, but I don't see any reason for us to ever touch trips unless someone attempts a hail mary to get themselves some 0.0010 or 0.0009s tomorrow before the earnings on Monday (Shawn honored the 5 day delay this August even if those earnings were disappointing to say the least)
Sorry for the long post, you probably wanted something shorter to read and I turned this in a quasi DD post.
