Blue Gem Enterprises (BGEM)

[bliz82]

Curious as to what kind of revenues some of you are expecting in the next 12 months. Since I was drawn over here from FRHV, I'm interested what the buzz is here. My concern is always fundamentals. With at least 107M shares outstanding and a share price of .23, we have a lot built into this already.

Here's a few numbers I ran to support the current pps:
net profit/O/S = eps x PE of choice

2.46M/107M = .023 x 10-1PE = .23
1.23M/107M = .0115 x 20-1PE = .23

So the share price already has at least 1-2 million of net profit built into the share price imo. What kind of revenues will BGEM need to do in the next 12 months just to support that kind of current price? 10-20M? based on a 10-20% net profit margin. Where's the upside? Or are some expecting much bigger revenues like 50-100M or more? TIA!