Grapefruit USA Inc (GPFT)

[scottmba]

IMGG valuation:



Back to basics. What will IMGG be worth after FDA approval?

Facts per Dean:
$600k per machine with service contract
ramp up to 100 machines per month after one year
margin on the machine is 50%

Variables:
First year sales: 300 (conservative, there is pent up demand he said)

300 x 600 = 180 million
180 x .30 income margin (conservative since the gross margin is 50% per Dean)

60 million in income / 375 mm shares = .16 cents/share or
a P/E of 10x = $1.60.

Now a buyout or a PEG ratio could make this look cheap.