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Re: 100lbStriper post# 18172

Tuesday, 09/15/2009 9:34:47 AM

Tuesday, September 15, 2009 9:34:47 AM

Post# of 79740
I think a .25 is more like it. 80M in revenue at 15% net profit equals 12M take 80% (to be real conservative - meaning 20% goes to Richard which I don't think will work that way)
you get 9.6M profit divide it by all of the authorized shares (to be more conservative instead of o/s) you get .012 cents per share and times it by a 20 PE and you get a share price of .24 cents