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Re: eminem post# 91975

Friday, 06/18/2010 11:56:46 AM

Friday, June 18, 2010 11:56:46 AM

Post# of 111729
If you think they need sales of 500 - 750 million to obtain a 1.5 billion market cap, can you explain why you are only using a P/E of 2X when very conservative estimates should be 10 - 15X?

150 million in revenue would be .1 earnings per share. With a P/E of 10, that's a buck.

Revenue is derived from sales of omega 3, sales of equipment, royalties for algae production, monitoring and maintenance fees of the PBR acreage.

A lot of different streams to bring revenue in the door.