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Re: SsbTwentyTwo post# 18369

Friday, 04/22/2011 9:58:41 AM

Friday, April 22, 2011 9:58:41 AM

Post# of 98509
Dollar world would be a stretch since there's 1.425BB shares O/S. This company would have to see profits in the 100MM range for the company to have a reasonable valuation.

I do think that over time (next 12-18 months) we can start seeing sales in the 3-5MM range/year and profits be somewhere in the 600-800k.

If the national expansion goes as planned, as well as Canada, I think this company could be worth 30-50MM in the next 2-3 years.

At today's current O/S that's approx .02-.04/share. But if sales start taking off, the multiple will be bigger and we could even see this in the .05-.10 range. Just depends on several things...