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Gutts2318

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Gutts2318

Re: nilspeer post# 23143

Thursday, 08/26/2010 2:05:03 PM

Thursday, August 26, 2010 2:05:03 PM

Post# of 155603
I really do not know. I thought formula was (revenue/outstanding share)x 2.5 or 5. I got this from another board. Someone on here pointed out that it was (profit/outstanding share) and something with P.E.

No clue what profit would be. I put revenue at $30Million since MMTE needs to make at least $30Million to break even but we know they will make more than that. No point buying the land then :)

Many were thinking around $0.004 to $0.03. My personal bet is $0.007. That is my expectation for MMTE when i started investing. :)
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