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Re: portcitybob post# 49209

Tuesday, 11/22/2022 5:49:48 PM

Tuesday, November 22, 2022 5:49:48 PM

Post# of 60585
It's already been up to 0.009 in the last 52 weeks so that's certainly a possibility again based on the fact that net revenue is vastly higher than when it previously reached that value.

If they execute on what's in motion and no bad surprises and you did really basic maths of say "well a P/E of 4* is reasonable and we take a conservative net profit of 30% of a conservative $30 million turnover"

9,000,000/ 2,000,000,000 = 0.0045 * 4 = 0.018 is a very reasonable mid 2023 figure IMHO and why I am invested long. Even 2* gives you close to the 52 week high.

That's around 4 to 7 times its current value. But this is the OTC and until some big players come into the picture who truly knows?