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Wednesday, July 20, 2022 2:02:20 PM
Postulate: If $1,000,000 on dilution of 500,000,000 shares captures $3,000,000 in earnings on $10,000,000 in sales of vinyl for Xmas season; What is the company worth? 15x EBITDA? 20X EBITDA? 30x EBITDA?
Lets just use15x then the company is worth $45,000,000.
Divided by 2,000,000,000 is .0225 per share
What if the stock actually goes to .01 in the next month or so and the dilution is less than 500,000,000?
What if the market wakes up and prices it at 20X EBITDA?
What if the projection for just vinyl in 2023 is twice what 2022 is? $20,000,000 in sales with $6,000,000 in EBITDA.
For you, this is postulate not hyperbole.
IMHO it will be a reality
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