Gold River Productions Inc (GRPS)

[Roofus]

$22.8 million revenue ($7 million profit)

And not just $7 million in profit, but “net profit”.

Within a couple of years the official forward projections from the company and CEO are $22.8 million revenue ($7 million net profit). That is a 31% net profit margin, which is awesome.

The shrimp industry has a high P/E ratio because it’s usually very profitable and can achieve fast year over year growth.

In two years, $7 million net profit will potentially (probably) come with at least a P/E ratio of 50.

$7 million net profit * 50 P/E = $350 million market cap

$350 million / 1.38 billion shares = $0.25+ per share.

The simple play here is to hold ….