Innovative MedTech Inc. (IMTH)

[bliz82]

Do you have some calculations to support your .12 pps? With 125M shares outstanding, it's going to take a lot of net earnings to support that imo. We'd probably need to have revenues between 2.5 and 5M with a net profit of at least 500K or more to support that kind of price.

Let's just say we made 500K in NET profit (say 5M in revs with a 10 percent profit margin) over the next 12 months and that the SS didn't balloon anymore. I'll use a very optimistic 30-1 PE ratio.

500K/125M = .004 eps x 30PE = .12 pps.

I think those kinds of numbers are possible down the road but we need to see a few quarters of steady growth to see how much product we're really selling. We sold a whopping 26K in the past 2 quarters.

The 10K is supposed to be out possibly today based on last year but then FRHV filed a late extension and it didn't show up until 2/24 last year. That will begin to give us a little clue into our sales but most of these bigger deals won't show up for another quarter or two.