1812 Brewing Company Inc (KEGS)

[crooked33]

some quick math as to why this is a good investment *assuming*;

1. No R/S
2. No Shady stuff

Right now WiseBuys ha $30M annualy let's say in revenues. They want to grow it to $120M and they also want to add in some other subs. But for arguements sake, lets just say we only have wisebuys at $30M annually. The operating margins for BBY and WMT are around 5.5%, so for wisebuys lets assume a slightly higher one due to products that are most likely a wee bit higher priced than the latter two...let's assume 7%. 7% of 30M is 2.1M. That would give an eps of roughly $.005 per share. However, the industry has a P/E of 37 so you can assume a current pps value of 37*.005 or $.185. So, as you can see, IF this is on the up and up, this is a great deal at a current pps of $.01.

Now factor in 2 other subs with revenues being merged in, and factor in the growth over the next three years fo wisebuys from 30M to 120M...that would put the pps easily over $1...so why are we at $.01????