Monday, December 06, 2021 2:37:49 PM
Yes, but you would have to assume that they can enforce their crypto ATM patents. If they can, and they realize their anticipated annual revenue target of from $34 to $59 million (virtually all profit), $1/share would fall well within my rational price range of $.79 to $6.18/share.
See my post # 109567
On the other hand, if their only revenue source were $20 to $30 million at 10% profit margin ($2 to $3 million in earnings) from mining rig repair, we're looking at a much lower target of between $.11 and $.17/share. This again assumes no other revenue source as outlined in today's PR (see my next post).
I outlined their second scenario in my post # 109914
Again, these are rational ranges. In other words anyone targeting $100/share or $.01/share would be either vastly overvaluing or undervaluing the company.
Les
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