Green Energy Enterprises Inc. (GYOG)

[w6w9t8015]

copy of brikks school valuation

hope you don,t mind brikk, good refresher



right now, just on the basis of the flight school alone, imo we are undervalued. let's do some figures.

even if the OS was 400M, which is a lot higher than where it is now, the numbers look really solid imo.

i read somewhere students pay tuition of $67,000 per year, which is on par with most private colleges.

let's say they advertise, franchise out the operation globally, and bring in a total of 200 students.

$67K X 200 = $13.4M in revenues.

what are the margins? if they basically just need a classroom, some instructors, and a few simulators (one of which is already paid for) then i'm thinking the overhead is pretty low. let's say margins are 30%.

13.4 X .3 = $4M net.

now, just to be conservative, let's take that (inflated) OS number again, and plug it in:

4/400 = .01 eps.

at a 15 multiple** that's .15/share. jmho. now add in 4 huge acquisitions and the share price just keeps climbing higher.

** boeing's PE is 16.51 as of friday's close and it's an established company with much less growth ahead of it. so i think this is reasonable for a company like QASP, which is on the very of 4 major acquisitions.