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Re: ranger_7 post# 7574

Friday, 02/03/2023 1:47:38 PM

Friday, February 03, 2023 1:47:38 PM

Post# of 11599
Amen, totally agree …..

And we know they should be at least $7.00 - $8.00 minimum in true valuation if they were on OTCQB or Nasdaq right now, and not shorted and manipulated with the way that it has been.

We know that audited revenue was $87 million in 2021, and Tim Evans already said that revenue was greater in 2022 (by a significant margin). So let’s say $110 million. Add in the near $15 million for Karr Transportation, and let’s say $5 million for Ambient, and that is now approximately $130 million in revenue. And Tim Evans did confirm they were net positive on profitability for 2022 as well, and that’s very impressive with their growth strategy and their several acquisitions, as those cost more obviously for their costs/expenses in the financials.

Therefore, $130 million in projected revenue for 2022, and divide that by 17.2 million shares = $7.55 per share.

That’s if market cap ends up only 1x revenue. Most companies overall, and specifically in the logistics industry have a market cap that is at least 5x revenue.

Using that formula, multiplying $130 million revenue by 5x = a market cap of $650 million. Divide that by 17.2 million O/S = share price of $37.79, which is right where stervc’s projections were.
Bullish
Bullish