SHOM: Hey 10bagger, this appears to be a true diamond in the rough. When I divide annualized total earnings of about $500,000 per year by 222 million shares outstanding, I get EPS of about $.00225/share. When I divide stock price of about .0065 by EPS of .00225, I get PE of around 2.89 for SHOM.
DD indicates that they have a growing, recurring revenue stream in place and their infrastructure is established (for billing/orders/timesheets used by their franchisees, this little thinly traded company appears to have excellent potential for future stock price appreciation.
Annualized revenue is about $1.3million/yr and total mktcap is only about $1.5million, so it appears cheap based on its good growth rate.
Sooner or later the CEO indicates they will get their audited financials up to date so they can uplist their stock. That should help this stock if it can keep its revenue growth intact.
There have been suggestions that they may try to merge with existing clinics, etc., but they seem to be slow/careful about non-organic growth.
Do you have any corrections or further thoughts on SHOM you'd like to share?
TIA,
'peeker
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