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Re: Beezerr34 post# 69855

Monday, 01/23/2012 4:55:06 PM

Monday, January 23, 2012 4:55:06 PM

Post# of 136145
You can't do a multiple on Revenue to Price. PE applies to price to Earnings. So lets say the 2 mil for first six months projection comes to 4 mil a year. Even at 20% profit will be 800k profit for 2012. Divided by 750mil a/s = .001 a share. Now do your 5x multiple on that and you get .005 a share. Current trading price.