Friday, February 16, 2024 1:41:38 PM
$87 million in “audited” revenue in 2021 as officially reported to the SEC in the Super 8k. That is factual revenue then. The company has 2 million total square feet of warehousing, hundreds and hundreds of expensive trucks (including peterbilt’s), and hundreds of employees. Nearly $100 million in total assets were showing on the balance sheet for the “audited” financials in 2021 as well.
$87 million for 2021 is real and validated by the firm and those who did the audit.
$87 million
17 million O/S
= $5.12 per share
in generic book value.
Stock price may never get that high since this is the OTC, where manipulation and shorting happens, but the “current” price is truly undervalued by a ton.
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