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Re: kbaz post# 87716

Friday, 05/13/2022 12:10:21 PM

Friday, May 13, 2022 12:10:21 PM

Post# of 92671
Since you are talking about facts, let's go over it

Share structure at merger 1.404B OS (New shares issued for the merger were restricted)

Share structure now 1.415B OS

Increase of 11M shares in 8 months.

How it is share selling scheme?

You mentioned it is worth $10M. Based on their last year revenue $25M, even if you use low multiple of 5, they should be worth $125M.

What facts do u use to give valuation of $10M?