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Sunday, January 24, 2010 12:25:39 PM
OS = 2,540,834,775
PPS. .0031
Mkt cap. 7,876,587
Assuming 1m in sales this year @ 40% margin. Net income could be as high as 400,000. Thus using a 15x multiplier that would equate to a 6m market cap.
In consideration the OS will be reduced to 1,540,834,775. if the pps simply stayed current this would give us a Mkt cap of 4,776,587 when reduced.
Now the key is looking forward assuming 5m in sales @ 40% margin. Net income could be around 2m x 15 = 30 mil mkt cap. If the share structure is the same (reduced amount) 1.5 billion that would put the pps @ .02
All that being said the OTC markets are not based on Market valutation rather than supply and demand. This company is extremely transparent (non-dilutional) with tremedous potential. With current market demand (shares available) this stock will be trading in the .01 range in no time.
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