Protagenic Therapeutics Inc. (PTIX): ATRN will be a $1.50+ stock imo Here...

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Protagenic Therapeutics Inc. (PTIX)

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Re: scoreoneortwo post# 66577

Thursday, 03/08/2012 11:47:59 AM

Thursday, March 08, 2012 11:47:59 AM

ATRN will be a $1.50+ stock imo

Here's why:

$60 mil projected annual revenue from ATRN Atrinsic Interactive unit
...(this unit did $9.8 mil last quarter; added DirectBuy huge customer)

times 2.5x price-to-sales multiple...(could be higher, ATRN grew revenues 100% y/y)

equals $150 mil market cap... (currently @ $21 mil mkt cap)

divided by 100 mil OS... (worst case scenario)

equals $1.50+ stock

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