Ethema Health Corp (GRST)

[Sade123]

A very quick search tells me most healthcare businesses have between 75% and 90% collection rate (with the very very efficient at 95%) on their gross billing statements. If we assume GRST/ARIA is one of the worst performing healthcare practices, this would still leave us 75% of the gross billing of 1.2~1.6m over the last two quarters or 2.8~3.2m annually.
That would amount to 0.9~1.2m over the last two quarters or 1.8~2.4m annually.
If we refer to my previous mcap calculation, this would certainly completely destroy my argument, with us trading at the absolutely decadently high (heavy sarcasm here) of between 1.5X to 2X annual revenue at 0.0011.
This mean we would only reach 10X revenue when the pps will be 0.0055~0.0073.
I really don't see why I, with my average now at 0.0015, should decide waiting for earnings is not worth at least a 3.6 bagger assuming one of the worst case scenarios, and nearly a 5 bagger if earnings are really good, with more if OTC chasers pull their magic.
(Of course my plan is to start gradually pulling out somewhere a bit under the penny, or anytime I see a serious reversal past 0.0040)
Notice how in every single one of my calculations I account for the worst possible case, explain to me how this will financially ruin me oh wise one.
:)