Moon Equity Holdings Corp (MONI)

[Maria56]

I’m so sorry. I misunderstood. I thought you were suggesting that somehow that’s what you were calculating here as a sort of bastardized Forward Price-to-Earnings:

MONI Valuation**First Milestone 100,000 Customers Buy BitGift®

100,000 cards/customers x .50 = $50,000
$50,000 x 365 days (daily rate) = $18,250,000 Revenues
$18,250,000 x 70% Net Profit Margin (per PR) = $12,775,000 Net Income

$12,775,000 Net Income ÷ 663,262,060 shares = .0192 EPS
.0192 EPS x 42.92 PE Ratio = .824 Per Share Valuation for MONI

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When you declare that I “just discounted [my] own thoughts,” I guess you missed this sentence in my post prior.

Of course, a P/E of 0.0363 is ridiculous.

Unfortunately, it is also the math. It’s not good math but neither is the nonsense math above it. There is NO reason to believe that mONI’s P/E is or ever will be equivalent to any industry average. Trying to crowbar the company’s stated “milestones,” which are in no way “earnings” but rather anticipated and hoped for stages of development, into a proportional equation and then solving that equation for an imaginary future price, AS IF the industry average P/E is relevant, is pretend math. Multiplying it all by an invented "daily rate" just piles on more nonsense. The arithmetic was good though.

Obviously, one cannot - or maybe I should say, should not - calculate Forward P/Es unless and until a company has ANY earnings to report.

Turning made up numbers (MONI's) into more made up numbers (mine and yours) is a fool’s errand. But hey, I’ll stop when you do. Meanwhile, we can, as you have declared, agree to disagree since there really isn’t an alternative anyway.

Maria56, it's ok to agree to disagree. (EOM)

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