Spongetech Delivery Systems, Inc. (fka SPNGQ)

[winner06]

I am quite a newbie on the block, this are the numbers I have worked out... Not very sure...

EPS Value = 0.0116
Book value is fantastic, no Liabilities?
P/E comes to 4.09

There is another site I came across

http://shabbir.in/dcf-to-calculate-fair-value-of-share-price/

Earnings per share:
Expected growth rate of the company % :
No of years of growth to continue and then constant :

I used 0.0116 as the EPS, expected growth at 10% for three years.

The price of the stock is valued at:0.39

Using the same data at changing the growth to 20% gives a price of 1.50. At 30% growth the stock price equals: 8.70.

Remember this are estimates but the formula used looks standard.. check out the website as well... Otherwise, for sure the fundamentals of the company are very strong, cash flow is good, best of all no long term liabilities, orders on hand, company is expanding and is in its premature growth stage... I beleive it is strong, excellent long term opportunity...