The other revelation I have finally come to terms with Is how wrong I’ve been to even consider the idea that Epiphany can contribute any reasonable dollar amount Or that all the other conglomerates might actually contribute to the bottom line. AND, That SFIO could ever be considered to be valued at more than 5 or 10 million, whichever my new resident “go to” decides it's worth.( they know who they are)
I mean what was I thinking? We don’t have a detailed breakdown of some of the new conglomerates but management claims they're making a little bit. I know from a few years old Dun and bradstreet report Gorgeous coffee Had sales of around $2M, If you can believe a large old outfit like that!
I know I posted recently that even one of those partial Dunkin’ Donuts stored net sales of around 600,000 a year. I doubt a horrible operation like Epiphany café could bring in $200K per outlet. All together with 50 or 60 smaller operations I doubt they could all add up to even $10M.
Then there’s Big Lous! Even with their 15 years of history and solid sales growth, I doubt they can hit much above the six or seven million projected revenues this year, or any year. Add in a million or two for their other puny operations and you still get revenue of no more than $20 million annually.
Now some of you will probably throw in my face that in the past I’ve said OTC stocks Market cap trades on average at 6.5 times sales. That would make SFIO value at a ridiculous Market cap of 130 million plus. With even this ridiculous lower revenue estimate. At this moment it is trading at slightly over MY new annual revenue estimate And 120% of its book value, give or take.
But you need to forget all of that! I don’t care that all experts and market statistics prove that eventually stocks trade within a range of one these Ratios multiples…..Forget that, because WE, have our own expert(s) right here that tells us this is worth no more than $5M or maybe $10 million. It doesn't Matter how that number got thrown out, Just know you should never doubt it!!
And I now realize that bringing in management from many disciplines, Backgrounds and experience….Isn’t going to help this failing company one bit!
And if you think this new President is going to make a difference by possibly tap into some of that “Family office” wealth of probably in the hundreds of millions of dollars….don’t hold your breath!!! Its pure coincidence they got their Reg A money just after he started.
I know Morethebank may want to repost these ,for rebuttle, You can try..multiple times....but it won't change my mind...no matter how many time this info is reposted
