Re-posting this for new holders. I was happy to see that my low end lines up with Stocktwiter.com's estimation of a low value as well.
Going back through the PR's we know we have the following income projections for next year:
$100k in Ovens (Hey, whatever it takes.)
$1.6 Million in APRC deal
$8.8 Million in Mexico Power deal
???? in 1World Card
???? in Inter Solar Tech, but we know we paid $2 million for 60% so let's make an assumption that we paid 5 times earnings, so $400k in profit from Solar Tech
???? Auctions
???? VOIP
???? CUP
So roughly of $10.5 million in known revenue. I will make the conservative assumption that equates to $3 million profit plus the 400k from Solar Tech. So $3.4 million in income times what for valuation? 5? 8? 10? Let's use 5. That gives us a valuation of $17 million or $.009 per share. And that is using conservative numbers in the calculations above.
It also completely ignores the items listed with question marks for income. I mentioned a few days ago that AMEX bought a financial payment company last week for $300 million. I have no idea what Steve was offered in the unsolicited offer for the 1World Card, but I bet it was substantial. But again, on the ludicrously conservative side, lets say it was as low as $5 million. That is $.003 per share. Wait, that where we sit today.
This stock is so under-priced, its ridiculous. At a minimum we should, and soon will be, at $.012
Now if you want to have some fun, do the calculations at 10 times earnings and estimate the value of 1World Card at $20 million and put some figures in for the other areas of operations. I think you will start to get the idea of where we are headed in the next 18 months.
